318 Lakefield DrMurphyTX75094
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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
Rental property for sale in Murphy at 318 Lakefield Dr, Murphy, TX, 75094 generates $3,242/mo in rent, after a $2,371/mo payment. Total monthly income is $3,242/mo. Return on cash invested sits at 17.91% in year one, and rental yield is 8.03% on a $484,500 entry. Equity gained on principal adds $3,126/yr, while 5% annual appreciation builds toward $133,858 over five years. Five-year ROI reaches 93.51% and total cumulative return in cash sums $150,181. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,242/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
0.26 Acres lot
$N/A/sqft
$388 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75094, Plano, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,708 (100%) |
| Owner Occupied HU | 6,172 (92.0%) |
| Renter Occupied HU | 458 ( 6.8%) |
| Vacant Housing Units | 78 ( 1.2%) |
| Median Home Value | $550,078 |
| Average Home Value | $601,717 |
Housing Distribution
Address Breakdown
Residential
7,028
Single Family
6,872
Multi-Family
156
Businesses
619
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Listed by: Susan Alsobrook Kennedy • American Realty
Mls Name: NTREIS
Mls ID: #20925297
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.