3316 Castlewood BlvdHighland VillageTX75077
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
Rental property for sale in Highland Village at 3316 Castlewood Blvd, Highland Village, TX, 75077 priced at $695,000 pairs $8,395/mo rent with $3,398/mo cash flow after a $3,402/mo payment. Total monthly income equals $8,395/mo, and annual cash flow comes to $40,779/yr on $228,655 invested. Return on cash invested is 37.89% in year one, and rental yield stands at 14.49% on a $695,000 basis. Equity gained on principal adds $4,485/yr, and 5% annual appreciation accumulates to $192,016 by year five. Five-year ROI measures 200.59% and total cumulative return in cash reaches $458,658. For financing, Ziffy Mortgage’s DSCR program evaluates $8,395/mo property income against a $3,402/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
10,236 sqft lot
$N/A/sqft
$650 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hina Chowdhry • RE/MAX Trinity
Mls Name: NTREIS
Mls ID: #20645303
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.