747 S Poydras StLewisvilleTX75057
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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 Lewisville at 747 S Poydras St, Lewisville, TX, 75057 priced at $425,000 converts $2,021/mo rent into after a $2,080/mo obligation. Total monthly income equals $2,021/mo. Return on cash invested prints 11.38% in year one, and rental yield reads 5.71% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 58.32% and total cumulative return in cash sums $82,169. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,021/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75057, Lewisville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,936 (100%) |
| Owner Occupied HU | 1,833 (23.1%) |
| Renter Occupied HU | 5,368 (67.6%) |
| Vacant Housing Units | 735 ( 9.3%) |
| Median Home Value | $302,908 |
| Average Home Value | $298,722 |
Housing Distribution
Address Breakdown
Residential
7,041
Single Family
3,041
Multi-Family
4,000
Businesses
1,187
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Listed by: Cynthia Striegel • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20889968
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.