1016 Pelican DrFriscoTX75033
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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 Frisco at 1016 Pelican Dr, Frisco, TX, 75033 generates $4,747/mo in rent, after a $3,377/mo payment. Total monthly income is $4,747/mo. Return on cash invested sits at 18.79% in year one, and rental yield is 8.26% on a $690,000 entry. Equity gained on principal adds $4,452/yr, while 5% annual appreciation builds toward $190,634 over five years. Five-year ROI reaches 98.2% and total cumulative return in cash sums $222,932. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,747/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
7,492 sqft lot
$N/A/sqft
$480 semi-annually HOA
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Listed by: Taylor Bennett • Ebby Halliday Realtors
Mls Name: NTREIS
Mls ID: #20987500
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