2802 Woodlake CtHighland VillageTX75077
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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 Highland Village at 2802 Woodlake Ct, Highland Village, TX, 75077 with 5% annual appreciation on a $999,990 basis while $10,831/mo rent supports operations. Total monthly income totals $10,831/mo and a $4,894/mo payment preserves $3,650/mo for cash returns. Annual cash flow comes to $43,804/yr on $328,997 deployed, and return on cash invested reaches 33.37% in year one. Equity gained on principal adds $6,453/yr, and five-year appreciation sums $276,279 alongside rental yield of 13%. Five-year ROI measures 176.33% and total cumulative return in cash totals $580,128.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $10,831/mo property income versus a $4,894/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1995
0.30 Acres lot
$N/A/sqft
$840 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75077, Lewisville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,465 (100%) |
| Owner Occupied HU | 11,790 (76.2%) |
| Renter Occupied HU | 3,210 (20.8%) |
| Vacant Housing Units | 465 ( 3.0%) |
| Median Home Value | $464,627 |
| Average Home Value | $538,179 |
Housing Distribution
Address Breakdown
Residential
15,326
Single Family
12,884
Multi-Family
2,442
Businesses
586
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Listed by: Lee Holtzman • RE/MAX Cross Country
Mls Name: NTREIS
Mls ID: #20600399
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.