313 Pimlico DrHickory CreekTX75065
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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 Hickory Creek at 313 Pimlico Dr, Hickory Creek, TX, 75065 offers a 9.54% rental yield on a $449,900 purchase with $3,575/mo rent. Total monthly income registers $3,575/mo, and a $2,202/mo payment leaves $376/mo available for distribution. Annual cash flow reaches $4,509/yr on $149,142 to close, and return on cash invested stands at 22.93% in year one. Equity gained on principal adds $2,903/yr while 5% annual appreciation supports $124,299 over five years. Portfolio math shows five-year ROI at 120.26% and total cumulative return in cash at $179,362. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,575/mo property income against a $2,202/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75065, Lake Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,479 (100%) |
| Owner Occupied HU | 3,998 (73.0%) |
| Renter Occupied HU | 1,277 (23.3%) |
| Vacant Housing Units | 204 ( 3.7%) |
| Median Home Value | $440,366 |
| Average Home Value | $480,394 |
Housing Distribution
Address Breakdown
Residential
5,473
Single Family
4,671
Multi-Family
802
Businesses
478
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Listed by: Michelle Evans • Nada Homes
Mls Name: NTREIS
Mls ID: #21049343