810 MullinsLewisvilleTX75057
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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
Investment property for sale in Lewisville at 810 Mullins, Lewisville, TX, 75057 with 5% annual appreciation on a $276,500 basis while $2,063/mo rent supports operations. Total monthly income totals $2,063/mo and a $1,353/mo payment preserves $97/mo for cash returns. Annual cash flow comes to $1,165/yr on $91,660 deployed, and return on cash invested reaches 21.18% in year one. Equity gained on principal adds $1,784/yr, and five-year appreciation sums $76,392 alongside rental yield of 8.95%. Five-year ROI measures 110.9% and total cumulative return in cash totals $101,654.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,063/mo property income versus a $1,353/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
9,931 sqft 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: Benjamin Burnside • Post Oak Realty, LLC
Mls Name: NTREIS
Mls ID: #20799747
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.