540 Winnetka DrOak PtTX75068
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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 Oak Pt at 540 Winnetka Dr, Oak Pt, TX, 75068 priced at $456,690 converts $3,004/mo rent into after a $2,235/mo obligation. Total monthly income equals $3,004/mo. Return on cash invested prints 17.72% in year one, and rental yield reads 7.89% against a $456,690 entry. Equity gained on principal adds $2,947/yr, while 5% annual appreciation compiles into $126,175 by year five. Five-year ROI reaches 92.4% and total cumulative return in cash sums $139,890. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,004/mo property income covering a $2,235/mo payment, not borrower’s personal income.
Single Family
Built in 2017
0.26 Acres lot
$N/A/sqft
$33 monthly 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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