601 Lexington LnNevadaTX75173
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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
Investment property for sale in Nevada at 601 Lexington Ln, Nevada, TX, 75173 earns from $3,466/mo rent with a $6,240/mo payment. Total monthly income totals $3,466/mo. ROI tracks 4.1% on current figures, and rental yield reads 3.26% at a $1,275,000 purchase. Equity gained on principal adds $8,227/yr, and 5% annual appreciation supports $352,259 over five years. Five-year ROI reaches 19.21% and total cumulative return in cash sums $79,370. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,466/mo property income instead of your personal income.
Single Family
Built in 2023
1.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75173, Nevada, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,511 (100%) |
| Owner Occupied HU | 3,108 (88.5%) |
| Renter Occupied HU | 240 ( 6.8%) |
| Vacant Housing Units | 163 ( 4.6%) |
| Median Home Value | $392,701 |
| Average Home Value | $427,702 |
Housing Distribution
Address Breakdown
Residential
3,142
Single Family
3,141
Multi-Family
1
Businesses
103
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Listed by: Deann Hansen • Cope Realty, LLC
Mls Name: NTREIS
Mls ID: #20979905
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.