806 Red Oak DrLewisvilleTX75067
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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 806 Red Oak Dr, Lewisville, TX, 75067 priced at $446,400 converts $5,282/mo rent into $2,107/mo cash flow after a $2,185/mo obligation. Total monthly income equals $5,282/mo, and annual cash flow totals $25,290/yr on $147,982 invested. Return on cash invested prints 37% in year one, and rental yield reads 14.2% against a $446,400 entry. Equity gained on principal adds $2,881/yr, while 5% annual appreciation compiles into $123,332 by year five. Five-year ROI reaches 195.7% and total cumulative return in cash sums $289,600. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,282/mo property income covering a $2,185/mo payment, not borrower’s personal income.
Single Family
Built in 1988
7,797 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75067, Lewisville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,212 (100%) |
| Owner Occupied HU | 10,883 (37.3%) |
| Renter Occupied HU | 16,963 (58.1%) |
| Vacant Housing Units | 1,366 ( 4.7%) |
| Median Home Value | $370,654 |
| Average Home Value | $416,106 |
Housing Distribution
Address Breakdown
Residential
28,178
Single Family
13,229
Multi-Family
14,949
Businesses
1,728
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