604 New Marion RdLittle 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 604 New Marion Rd, Little Elm, TX, 75068 priced at $588,000 pairs $4,986/mo rent with $705/mo cash flow after a $2,878/mo payment. Total monthly income equals $4,986/mo, and annual cash flow comes to $8,462/yr on $193,452 invested. Return on cash invested is 24.43% in year one, and rental yield stands at 10.18% on a $588,000 basis. Equity gained on principal adds $3,794/yr, and 5% annual appreciation accumulates to $162,454 by year five. Five-year ROI measures 128.54% and total cumulative return in cash reaches $248,664. For financing, Ziffy Mortgage’s DSCR program evaluates $4,986/mo property income against a $2,878/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
7,187 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: N/A • N/A
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