760 Belvedere Park LnLucasTX75002
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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 Lucas at 760 Belvedere Park Ln, Lucas, TX, 75002 priced at $1,415,000 pairs $3,946/mo rent with after a $6,926/mo payment. Total monthly income equals $3,946/mo. Return on cash invested is 4.1% in year one, and rental yield stands at 3.35% on a $1,415,000 basis. Equity gained on principal adds $9,131/yr, and 5% annual appreciation accumulates to $390,938 by year five. Five-year ROI measures 19.29% and total cumulative return in cash reaches $88,453. For financing, Ziffy Mortgage’s DSCR program evaluates $3,946/mo property income against a $6,926/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2017
1.50 Acres lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75002, Allen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,005 (100%) |
| Owner Occupied HU | 18,826 (75.3%) |
| Renter Occupied HU | 5,504 (22.0%) |
| Vacant Housing Units | 675 ( 2.7%) |
| Median Home Value | $491,377 |
| Average Home Value | $588,591 |
Housing Distribution
Address Breakdown
Residential
24,556
Single Family
21,935
Multi-Family
2,621
Businesses
797
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Listed by: Heather Poehler • Keller Williams Realty Allen
Mls Name: NTREIS
Mls ID: #20694247
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.