517 Longshore Dr, Little Elm, TX, 75068 | 8.34% Rental Yield

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517 Longshore Dr, Little Elm, TX, 75068 | 8.34% 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

Rental property for sale in Little Elm at 517 Longshore Dr, Little Elm, TX, 75068 offers $2,557/mo rent that, after a $1,801/mo payment. Total monthly income is $2,557/mo. Return on cash invested measures 19.32% in year one, and rental yield stands at 8.34% at a $368,000 entry. Equity gained on principal adds $2,375/yr while 5% annual appreciation compounds into $101,672 by year five. Five-year ROI records 100.92% and total cumulative return in cash reaches $123,109. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,557/mo property income versus a $1,801/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2005

0.37 Acres lot

$N/A/sqft

No HOA

More details about the property

Fall in love with lakeside living at 517 Longshore Drive, where charm, comfort, and space come together in the best way. Nestled near the cul-de-sac lot just steps away from Lake Lewisville with lake views across the street, this warm and welcoming 3 bedroom, 2 bath home invites you to slow down and enjoy life. From the moment you step inside, youre greeted by fresh designer touches, updated paint, and a beautiful see through fireplace that connects the living and dining areas. The split bedroom layout offers just the right balance of privacy and togetherness, with a bonus office space perfect for working from home or getting creative. Step outside to a backyard made for memories shaded by mature trees big enough for gatherings, games, or peaceful mornings with coffee. Located near top-rated schools, parks, and lakeside amenities, this home offers style, space, and location in one unbeatable package. Whether you're drawn by the water views, the quiet street, or the feeling of home the moment you walk in, this one is special. Come see it, youll know its the one. Foundation repaired with lifetime transferable warranty, new deck, new fence and fence gates, new roof with warranty, Surge Protective Device installed for the house, Samsung electric range and Samsung Microwave, new gutters, come see!

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