703 Walkabout PlLavonTX75166
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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
Rental property for sale in Lavon at 703 Walkabout Pl, Lavon, TX, 75166 priced at $303,990 converts $2,380/mo rent into $218/mo cash flow after a $1,488/mo obligation. Total monthly income equals $2,380/mo, and annual cash flow totals $2,618/yr on $100,773 invested. Return on cash invested prints 22.51% in year one, and rental yield reads 9.4% against a $303,990 entry. Equity gained on principal adds $1,962/yr, while 5% annual appreciation compiles into $83,987 by year five. Five-year ROI reaches 118.02% and total cumulative return in cash sums $118,937. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,380/mo property income covering a $1,488/mo payment, not borrower’s personal income.
Single Family
Built in 2025
4,791 sqft lot
$N/A/sqft
No 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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