6648 Palermo TrlLewisvilleTX75077
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 6648 Palermo Trl, Lewisville, TX, 75077 at $1,400,000 posts ROI 22.43% with $779/mo cash flow from $10,853/mo rent. Total monthly income equals $10,853/mo, and annual cash flow records $9,344/yr on $453,600 to close. Return on cash invested measures 22.43% and rental yield reads 9.3% at the current $1,400,000. Equity gained on principal adds $9,034/yr, and 5% annual appreciation supports $386,794 by year five. Five-year ROI prints 117.61% and total cumulative return in cash totals $533,491.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $10,853/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2014
0.39 Acres lot
$N/A/sqft
$714 semi-annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Prell • Creekview Realty
Mls Name: NTREIS
Mls ID: #20901064
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.