540 Calliopsis StLittle ElmTX75068
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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 Little Elm at 540 Calliopsis St, Little Elm, TX, 75068 generates $3,242/mo in rent, after a $3,328/mo payment. Total monthly income is $3,242/mo. Return on cash invested sits at 11.51% in year one, and rental yield is 5.72% on a $679,950 entry. Equity gained on principal adds $4,388/yr, while 5% annual appreciation builds toward $187,858 over five years. Five-year ROI reaches 59% and total cumulative return in cash sums $131,985. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,242/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
6,969 sqft 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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Listed by: Leah Crombie • Redfin Corporation
Mls Name: NTREIS
Mls ID: #21137723