829 Creekside 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
Investment property for sale in Lewisville at 829 Creekside Dr, Lewisville, TX, 75067 uses $89,505 cash to close to unlock $3,714/yr annual cash flow and $310/mo monthly cash flow. Total monthly income runs $2,230/mo, and a $1,322/mo payment keeps the spread at $310/mo. Purchase price stands at $270,000, and rental yield measures 9.91% with $2,230/mo rent. Return on cash invested shows 24.06% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 126.32% and total cumulative return in cash records $113,065. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,230/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Townhouse
Built in 1983
2,482 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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Listed by: Carolyn Sanchez • Levitate Real Estate
Mls Name: NTREIS
Mls ID: #21059636