Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Little Elm at 705 Lake Forest Trl, Little Elm, TX, 75068 priced at $375,000 pairs $2,842/mo rent with $137/mo cash flow after a $1,835/mo payment. Total monthly income equals $2,842/mo, and annual cash flow comes to $1,641/yr on $124,313 invested. Return on cash invested is 21.23% in year one, and rental yield stands at 9.09% on a $375,000 basis. Equity gained on principal adds $2,420/yr, and 5% annual appreciation accumulates to $103,606 by year five. Five-year ROI measures 111.25% and total cumulative return in cash reaches $138,303. For financing, Ziffy Mortgage’s DSCR program evaluates $2,842/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2009
5,575 sqft lot
$N/A/sqft
$370 annually HOA
Neighborhood data shown for ZIP Code: 75068, Little Elm, TX area.
| 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 |
Residential
25,689
Single Family
23,486
Multi-Family
2,203
Businesses
723
Date | Event | Price |
|---|---|---|
| 2025-02-06 | Listed for sale | $375,000 |
| 2021-10-21 | Sold | N/A |
| 2021-09-29 | Pending sale | $340,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $6323.12 | -9.57% | $356,000 | -8.01% |
| 2023-02-12 | $6991.93 | -15.61% | $387,000 | 9.52% |
| 2022-02-12 | $8285.05 | 73.40% | $353,361 | 28.37% |
Listed by: Pedro Meneses • William Grayson Realty
Mls Name: NTREIS
Mls ID: #20835162
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.
