566 Continental DrLewisvilleTX75067
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 566 Continental Dr, Lewisville, TX, 75067 priced at $359,900 converts $2,723/mo rent into $163/mo cash flow after a $1,762/mo obligation. Total monthly income equals $2,723/mo, and annual cash flow totals $1,959/yr on $119,307 invested. Return on cash invested prints 21.55% in year one, and rental yield reads 9.08% against a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation compiles into $99,434 by year five. Five-year ROI reaches 112.88% and total cumulative return in cash sums $134,678. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,723/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 1999
6,751 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Blackman • Solvent Realty Group
Mls Name: NTREIS
Mls ID: #21009743