3209 Shore View DrHighland 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
Rental property for sale in Highland Village at 3209 Shore View Dr, Highland Village, TX, 75077 priced at $800,000 converts $5,480/mo rent into after a $3,916/mo obligation. Total monthly income equals $5,480/mo. Return on cash invested prints 18.78% in year one, and rental yield reads 8.22% against a $800,000 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation compiles into $221,025 by year five. Five-year ROI reaches 98.08% and total cumulative return in cash sums $258,140. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,480/mo property income covering a $3,916/mo payment, not borrower’s personal income.
Single Family
Built in 1995
0.28 Acres lot
$N/A/sqft
$860 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: Timi Grogan • Repeat Realty, LLC
Mls Name: NTREIS
Mls ID: #20920710
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.