426 Cherry Laurel 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
Rental property for sale in Oak Point at 426 Cherry Laurel Dr, Oak Point, TX, 75068 generates $4,127/mo in rent and, after a $2,126/mo payment, leaves $1,038/mo in cash flow. Total monthly income is $4,127/mo, and annual cash flow is $12,457/yr on $144,003 invested. Return on cash invested sits at 28.56% in year one, and rental yield is 11.4% on a $434,398 entry. Equity gained on principal adds $2,803/yr, while 5% annual appreciation builds toward $120,016 over five years. Five-year ROI reaches 150.47% and total cumulative return in cash sums $216,675. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,127/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
N/A 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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