431 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
Investment property for sale in Oak Point at 431 Cherry Laurel Dr, Oak Point, TX, 75068 with 5% annual appreciation on a $477,053 basis while $3,638/mo rent supports operations. Total monthly income totals $3,638/mo and a $2,335/mo payment preserves $246/mo for cash returns. Annual cash flow comes to $2,946/yr on $158,143 deployed, and return on cash invested reaches 21.77% in year one. Equity gained on principal adds $3,078/yr, and five-year appreciation sums $131,801 alongside rental yield of 9.15%. Five-year ROI measures 114.05% and total cumulative return in cash totals $180,363.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,638/mo property income versus a $2,335/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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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