3445 Varsity DrOak PointTX75068
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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 Oak Point at 3445 Varsity Dr, Oak Point, TX, 75068 offers a 6.94% rental yield on a $490,000 purchase with $2,832/mo rent. 64% in year one. Equity gained on principal adds $3,162/yr while 5% annual appreciation supports $135,378 over five years. Portfolio math shows five-year ROI at 76% and total cumulative return in cash at $123,444. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,832/mo property income against a $2,398/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
6,838 sqft lot
$N/A/sqft
$180 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75068, Little Elm, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
25,689
Single Family
23,486
Multi-Family
2,203
Businesses
723
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Listed by: Ryan Rite • Orchard Brokerage, LLC
Mls Name: NTREIS
Mls ID: #20982888
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.