416 Wiltshire BlvdLewisvilleTX75056
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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 Lewisville at 416 Wiltshire Blvd, Lewisville, TX, 75056 priced at $749,900 converts $4,003/mo rent into after a $3,670/mo obligation. Total monthly income equals $4,003/mo. Return on cash invested prints 13.59% in year one, and rental yield reads 6.41% against a $749,900 entry. Equity gained on principal adds $4,839/yr, while 5% annual appreciation compiles into $207,184 by year five. Five-year ROI reaches 70.17% and total cumulative return in cash sums $173,110. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,003/mo property income covering a $3,670/mo payment, not borrower’s personal income.
Single Family
Built in 2016
4,748 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75056, The Colony, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,083 (100%) |
| Owner Occupied HU | 16,441 (51.2%) |
| Renter Occupied HU | 13,404 (41.8%) |
| Vacant Housing Units | 2,238 ( 7.0%) |
| Median Home Value | $488,651 |
| Average Home Value | $527,353 |
Housing Distribution
Address Breakdown
Residential
31,154
Single Family
17,896
Multi-Family
13,258
Businesses
1,394
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Listed by: Natalie Schauer • Matlock Real Estate Group
Mls Name: NTREIS
Mls ID: #21150350