246 Gallardo DrOak PointTX75068
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Oak Point at 246 Gallardo Dr, Oak Point, TX, 75068 at $107,758 posts ROI 21.73% with $54/mo cash flow from $820/mo rent. Total monthly income equals $820/mo, and annual cash flow records $650/yr on $35,722 to close. Return on cash invested measures 21.73% and rental yield reads 9.13% at the current $107,758. Equity gained on principal adds $695/yr, and 5% annual appreciation supports $29,772 by year five. Five-year ROI prints 113.92% and total cumulative return in cash totals $40,696.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $820/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75068, Little Elm, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,344 (100%) |
| Owner Occupied HU | 19,896 (70.2%) |
| Renter Occupied HU | 7,131 (25.2%) |
| Vacant Housing Units | 1,317 ( 4.6%) |
| Median Home Value | $446,062 |
| Average Home Value | $489,072 |
Housing Distribution
Address Breakdown
Residential
25,689
Single Family
23,486
Multi-Family
2,203
Businesses
723
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
