Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Little Elm at 3412 Rio Grande Rd, Little Elm, TX, 75068 generates $4,481/mo in rent and, after a $1,835/mo payment, leaves $1,518/mo in cash flow. Total monthly income is $4,481/mo, and annual cash flow is $18,220/yr on $124,313 invested. Return on cash invested sits at 34.57% in year one, and rental yield is 14.34% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 183.7% and total cumulative return in cash sums $228,363. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,481/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
6,272 sqft lot
$N/A/sqft
$400 annually HOA
Neighborhood data shown for ZIP Code: 75068, Little Elm, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,344 (100%) |
| Owner Occupied HU | 19,896 (70.2%) |
| Renter Occupied HU | 7,131 (25.2%) |
| Vacant Housing Units | 1,317 ( 4.6%) |
| Median Home Value | $446,062 |
| Average Home Value | $489,072 |
Residential
25,689
Single Family
23,486
Multi-Family
2,203
Businesses
723
Date | Event | Price |
|---|---|---|
| 2024-08-15 | Listed for sale | $375,000 |
| 2024-07-28 | Listing removed | N/A |
| 2024-07-13 | Price change | $375,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $9382.22 | -2.75% | $398,000 | 10.76% |
| 2022-08-30 | $9647.47 | 23.20% | $359,351 | 32.65% |
| 2021-08-30 | $7831.00 | 1.45% | $270,892 | 7.60% |
Listed by: Glena Cummings • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #20635913
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.
