416 Maggie TrlLucasTX75002
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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 Lucas at 416 Maggie Trl, Lucas, TX, 75002 earns from $6,978/mo rent with a $6,828/mo payment. Total monthly income totals $6,978/mo. ROI tracks 12.35% on current figures, and rental yield reads 6% at a $1,395,000 purchase. Equity gained on principal adds $9,002/yr, and 5% annual appreciation supports $385,413 over five years. Five-year ROI reaches 63.53% and total cumulative return in cash sums $287,122. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,978/mo property income instead of your personal income.
Single Family
Built in 2014
0.48 Acres lot
$N/A/sqft
$469 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75002, Allen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,005 (100%) |
| Owner Occupied HU | 18,826 (75.3%) |
| Renter Occupied HU | 5,504 (22.0%) |
| Vacant Housing Units | 675 ( 2.7%) |
| Median Home Value | $491,377 |
| Average Home Value | $588,591 |
Housing Distribution
Address Breakdown
Residential
24,556
Single Family
21,935
Multi-Family
2,621
Businesses
797
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Listed by: Whitney Buquoi • Keller Williams Realty DPR
Mls Name: NTREIS
Mls ID: #20864684
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.