Millfield Plan, ElevonLavonTX75166
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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 Millfield Plan, Elevon, Lavon, TX, 75166 with 5% annual appreciation on a $320,900 basis while $4,278/mo rent supports operations. Total monthly income totals $4,278/mo and a $1,571/mo payment preserves $1,996/mo for cash returns. Annual cash flow comes to $23,948/yr on $106,378 deployed, and return on cash invested reaches 42.42% in year one. Equity gained on principal adds $2,071/yr, and five-year appreciation sums $88,659 alongside rental yield of 16%. Five-year ROI measures 224.78% and total cumulative return in cash totals $239,122.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,278/mo property income versus a $1,571/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No 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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