918 Lexington LnNevadaTX75173
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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 Nevada at 918 Lexington Ln, Nevada, TX, 75173 generates $4,519/mo in rent and, after a $1,566/mo payment, leaves $2,202/mo in cash flow. Total monthly income is $4,519/mo, and annual cash flow is $26,424/yr on $106,077 invested. Return on cash invested sits at 44.82% in year one, and rental yield is 16.95% on a $319,990 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,407 over five years. Five-year ROI reaches 237.85% and total cumulative return in cash sums $252,300. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,519/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.25 Acres lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75173, Nevada, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,511 (100%) |
| Owner Occupied HU | 3,108 (88.5%) |
| Renter Occupied HU | 240 ( 6.8%) |
| Vacant Housing Units | 163 ( 4.6%) |
| Median Home Value | $392,701 |
| Average Home Value | $427,702 |
Housing Distribution
Address Breakdown
Residential
3,142
Single Family
3,141
Multi-Family
1
Businesses
103
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Listed by: Ben Caballero • HomesUSA.com
Mls Name: NTREIS
Mls ID: #20674606
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.