515 Don Ln, Itasca, TX, 76055 | 8.42% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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515 Don Ln, Itasca, TX, 76055 | 8.42% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,560/mo, and a $1,088/mo payment. Purchase price stands at $222,211, and rental yield measures 8.42% with $1,560/mo rent. Return on cash invested shows 19.57% in year one, and 5% annual appreciation builds toward $61,393 over five years. Five-year ROI reaches 102.3% and total cumulative return in cash records $75,357. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,560/mo property income covering a $1,088/mo payment rather than investor’s personal income.

Single Family

Built in 2026

5,662 sqft lot

$N/A/sqft

No HOA

More details about the property

MLS# 21130140 - Built by NHC - Apr 2026 completion! ~ The Everglades Plan from our Freedom Series offers an ideal blend of space, functionality, and value. This charming 2-story home features 4 bedrooms, 2.5 bathrooms, a 1-car garage, and 1,600 square feet of thoughtfully designed living space. Step into the welcoming entryway, where youll find a convenient half bathroom and the staircase leading to the upper level. Continue down the hall past the laundry room and into the open-concept living area. The kitchen, complete with a central island, overlooks the dining area and family room, creating a perfect space for meals and family time. Upstairs, the primary suite offers a private retreat with its own bathroom. Three additional bedrooms and a full bathroom complete the upper level, providing ample space for family or guests.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76055, Itasca, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,230 (100%)
Owner Occupied HU	809 (65.8%)
Renter Occupied HU	250 (20.3%)
Vacant Housing Units	171 (13.9%)
Median Home Value	$197,877
Average Home Value	$264,509