812 Rutledge 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
Investment property for sale in Lucas at 812 Rutledge Ln, Lucas, TX, 75002 at $1,200,000 posts ROI 7.03% with from $4,370/mo rent. Total monthly income equals $4,370/mo. Return on cash invested measures 7.03% and rental yield reads 4.37% at the current $1,200,000. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 by year five. Five-year ROI prints 35.08% and total cumulative return in cash totals $136,379. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,370/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2010
1.00 Acres lot
$N/A/sqft
$964 semi-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: Elizabeth Roland • LPT Realty LLC
Mls Name: NTREIS
Mls ID: #20919741
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.