510 Hunters Glen StLewisvilleTX75067
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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 510 Hunters Glen St, Lewisville, TX, 75067 priced at $285,000 converts $2,191/mo rent into $164/mo cash flow after a $1,395/mo obligation. Total monthly income equals $2,191/mo, and annual cash flow totals $1,971/yr on $94,478 invested. Return on cash invested prints 22% in year one, and rental yield reads 9.23% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 115.27% and total cumulative return in cash sums $108,906. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,191/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Single Family
Built in 1983
6,403 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75067, Lewisville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,212 (100%) |
| Owner Occupied HU | 10,883 (37.3%) |
| Renter Occupied HU | 16,963 (58.1%) |
| Vacant Housing Units | 1,366 ( 4.7%) |
| Median Home Value | $370,654 |
| Average Home Value | $416,106 |
Housing Distribution
Address Breakdown
Residential
28,178
Single Family
13,229
Multi-Family
14,949
Businesses
1,728
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Listed by: Blesson Abraham • Blesson Abraham Realty
Mls Name: NTREIS
Mls ID: #20975597
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.