605 Blooming GladeLavonTX75166
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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 Lavon at 605 Blooming Glade, Lavon, TX, 75166 priced at $297,700 pairs $4,189/mo rent with $1,917/mo cash flow after a $1,457/mo payment. Total monthly income equals $4,189/mo, and annual cash flow comes to $23,005/yr on $98,688 invested. Return on cash invested is 43.22% in year one, and rental yield stands at 16.89% on a $297,700 basis. Equity gained on principal adds $1,921/yr, and 5% annual appreciation accumulates to $82,249 by year five. Five-year ROI measures 229.78% and total cumulative return in cash reaches $226,762. For financing, Ziffy Mortgage’s DSCR program evaluates $4,189/mo property income against a $1,457/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
4,486 sqft lot
$N/A/sqft
$155 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75166, Lavon, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,942 (100%) |
| Owner Occupied HU | 3,366 (85.4%) |
| Renter Occupied HU | 259 ( 6.6%) |
| Vacant Housing Units | 317 ( 8.0%) |
| Median Home Value | $503,425 |
| Average Home Value | $530,001 |
Housing Distribution
Address Breakdown
Residential
3,167
Single Family
3,167
Multi-Family
0
Businesses
134
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Listed by: Bryan Reasor • Jeanette Anderson Real Estate
Mls Name: NTREIS
Mls ID: #20673699
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.