403 Landings StOak 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
Rental property for sale in Oak Point at 403 Landings St, Oak Point, TX, 75068 priced at $444,098 converts $3,638/mo rent into $480/mo cash flow after a $2,174/mo obligation. Total monthly income equals $3,638/mo, and annual cash flow totals $5,755/yr on $147,218 invested. Return on cash invested prints 23.82% in year one, and rental yield reads 9.83% against a $444,098 entry. Equity gained on principal adds $2,866/yr, while 5% annual appreciation compiles into $122,696 by year five. Five-year ROI reaches 125.02% and total cumulative return in cash sums $184,057. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,638/mo property income covering a $2,174/mo payment, not borrower’s personal income.
Single Family
Built in 2025
6,939 sqft lot
$N/A/sqft
No 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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