624 Hutchinson LnLewisvilleTX75077
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
Investment property for sale in Lewisville at 624 Hutchinson Ln, Lewisville, TX, 75077 at $440,000 posts ROI 23.67% with $457/mo cash flow from $3,586/mo rent. Total monthly income equals $3,586/mo, and annual cash flow records $5,480/yr on $145,860 to close. Return on cash invested measures 23.67% and rental yield reads 9.78% at the current $440,000. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,564 by year five. Five-year ROI prints 124.2% and total cumulative return in cash totals $181,162.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,586/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2021
2,962 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75077, Lewisville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,465 (100%) |
| Owner Occupied HU | 11,790 (76.2%) |
| Renter Occupied HU | 3,210 (20.8%) |
| Vacant Housing Units | 465 ( 3.0%) |
| Median Home Value | $464,627 |
| Average Home Value | $538,179 |
Housing Distribution
Address Breakdown
Residential
15,326
Single Family
12,884
Multi-Family
2,442
Businesses
586
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Nearby investment properties with comparable prices
Listed by: Simon Wei • U Property Management
Mls Name: NTREIS
Mls ID: #21117151