6413 Shoreline DrLittle ElmTX75068
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
Total monthly income runs $4,004/mo, and a $4,013/mo payment. Purchase price stands at $820,000, and rental yield measures 5.86% with $4,004/mo rent. Return on cash invested shows 11.84% in year one, and 5% annual appreciation builds toward $226,551 over five years. Five-year ROI reaches 60.8% and total cumulative return in cash records $164,039. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,004/mo property income covering a $4,013/mo payment rather than investor’s personal income.
Single Family
Built in 2003
1.02 Acres lot
$N/A/sqft
$250 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leanne Zingelmann • Z Texas Real Estate
Mls Name: NTREIS
Mls ID: #20963770
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.