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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Hickory Creek at 7 Hickory St, Hickory Creek, TX, 75065 priced at $665,000 converts $4,532/mo rent into after a $3,255/mo obligation. Total monthly income equals $4,532/mo. Return on cash invested prints 18.89% in year one, and rental yield reads 8.18% against a $665,000 entry. Equity gained on principal adds $4,291/yr, while 5% annual appreciation compiles into $183,727 by year five. Five-year ROI reaches 98.6% and total cumulative return in cash sums $215,731. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,532/mo property income covering a $3,255/mo payment, not borrower’s personal income.
Single Family
Built in 1979
0.62 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood data shown for ZIP Code: 75065, Lake Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,479 (100%) |
| Owner Occupied HU | 3,998 (73.0%) |
| Renter Occupied HU | 1,277 (23.3%) |
| Vacant Housing Units | 204 ( 3.7%) |
| Median Home Value | $440,366 |
| Average Home Value | $480,394 |
Residential
5,473
Single Family
4,671
Multi-Family
802
Businesses
478
Date | Event | Price |
|---|---|---|
| 2025-05-22 | Listed for sale | $665,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-22 | $2333.87 | 1.15% | $388,927 | 10.00% |
| 2023-05-22 | $2307.42 | -46.04% | $353,570 | 10.00% |
| 2022-05-22 | $4276.27 | -0.59% | $321,427 | 10.00% |
Listed by: Kevin Andrews • Local Pro Realty LLC
Mls Name: NTREIS
Mls ID: #20943365
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.
