613 Lakeshore BlvdOak PointTX75068
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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 Oak Point at 613 Lakeshore Blvd, Oak Point, TX, 75068 earns $29/mo cash flow from $2,375/mo rent with a $1,615/mo payment. Total monthly income totals $2,375/mo, and annual cash flow totals $342/yr on $109,395 capital. ROI tracks 20.22% on current figures, and rental yield reads 8.64% at a $330,000 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,173 over five years. Five-year ROI reaches 105.73% and total cumulative return in cash sums $115,667. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,375/mo property income instead of your personal income.
Single Family
Built in 2000
0.35 Acres 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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