1101 Baxter DrPlanoTX75025
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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 Plano at 1101 Baxter Dr, Plano, TX, 75025 priced at $375,000 converts $2,531/mo rent into after a $1,835/mo obligation. Total monthly income equals $2,531/mo. Return on cash invested prints 18.6% in year one, and rental yield reads 8.1% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 97.04% and total cumulative return in cash sums $120,639. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,531/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 1989
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75025, Plano, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,671 (100%) |
| Owner Occupied HU | 12,268 (62.4%) |
| Renter Occupied HU | 6,893 (35.0%) |
| Vacant Housing Units | 510 ( 2.6%) |
| Median Home Value | $544,989 |
| Average Home Value | $584,814 |
Housing Distribution
Address Breakdown
Residential
19,118
Single Family
14,644
Multi-Family
4,474
Businesses
636
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Listed by: Naveed Qureshi • EXP REALTY
Mls Name: NTREIS
Mls ID: #20918214
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.