Redding Plan, Spiritas RanchLittle ElmTX75068
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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 Little Elm at Redding Plan, Spiritas Ranch, Little Elm, TX, 75068 offers $3,638/mo rent that, after a $2,236/mo payment, leaves $389/mo cash flow. Total monthly income is $3,638/mo, and annual cash flow is $4,671/yr on $151,452 cash. Return on cash invested measures 22.99% in year one, and rental yield stands at 9.56% at a $456,870 entry. Equity gained on principal adds $2,948/yr while 5% annual appreciation compounds into $126,225 by year five. Five-year ROI records 120.61% and total cumulative return in cash reaches $182,667. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,638/mo property income versus a $2,236/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75068, Little Elm, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,344 (100%) |
| Owner Occupied HU | 19,896 (70.2%) |
| Renter Occupied HU | 7,131 (25.2%) |
| Vacant Housing Units | 1,317 ( 4.6%) |
| Median Home Value | $446,062 |
| Average Home Value | $489,072 |
Housing Distribution
Address Breakdown
Residential
25,689
Single Family
23,486
Multi-Family
2,203
Businesses
723
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Listed by: US - Dallas - Spiritas Ranch • Mattamy Homes
Mls Name: Mattamy Homes
Mls ID: #N/A