990 Summer DrLavonTX75166
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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 Lavon at 990 Summer Dr, Lavon, TX, 75166 uses $120,474 cash to close to unlock $8,199/yr annual cash flow and $683/mo monthly cash flow. Total monthly income runs $3,322/mo, and a $1,779/mo payment keeps the spread at $683/mo. Purchase price stands at $363,421, and rental yield measures 10.97% with $3,322/mo rent. Return on cash invested shows 26.71% in year one, and 5% annual appreciation builds toward $100,407 over five years. Five-year ROI reaches 140.77% and total cumulative return in cash records $169,587. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,322/mo property income covering a $1,779/mo payment rather than investor’s personal income.
Single Family
Built in 2025
5,227 sqft lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75166, Lavon, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,942 (100%) |
| Owner Occupied HU | 3,366 (85.4%) |
| Renter Occupied HU | 259 ( 6.6%) |
| Vacant Housing Units | 317 ( 8.0%) |
| Median Home Value | $503,425 |
| Average Home Value | $530,001 |
Housing Distribution
Address Breakdown
Residential
3,167
Single Family
3,167
Multi-Family
0
Businesses
134
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Listed by: Patrick Mcgrath • Meritage Homes Realty
Mls Name: NTREIS
Mls ID: #20828429
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.