640 Parkside DrLavonTX75166
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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 Lavon at 640 Parkside Dr, Lavon, TX, 75166 earns $1,874/mo cash flow from $4,778/mo rent with a $1,956/mo payment. Total monthly income totals $4,778/mo, and annual cash flow totals $22,482/yr on $132,501 capital. ROI tracks 36.88% on current figures, and rental yield reads 14.34% at a $399,700 purchase. Equity gained on principal adds $2,579/yr, and 5% annual appreciation supports $110,430 over five years. Five-year ROI reaches 195.25% and total cumulative return in cash sums $258,702. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,778/mo property income instead of your personal income.
Single Family
Built in 2024
6,534 sqft lot
$N/A/sqft
$750 annually 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: Ben Caballero • HomesUSA.com
Mls Name: NTREIS
Mls ID: #20596963
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.