923 Granview 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 923 Granview Dr, Lewisville, TX, 75067 generates $3,478/mo in rent and, after a $2,393/mo payment, leaves $1/mo in cash flow. Total monthly income is $3,478/mo, and annual cash flow is $13/yr on $162,104 invested. Return on cash invested sits at 19.92% in year one, and rental yield is 8.53% on a $489,000 entry. Equity gained on principal adds $3,155/yr, while 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 104.12% and total cumulative return in cash sums $168,778. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,478/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
0.28 Acres 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: Tim Vito • Keller Williams Realty-FM
Mls Name: NTREIS
Mls ID: #21160366