11109 New Orleans DrFriscoTX75035
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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 11109 New Orleans Dr, Frisco, TX, 75035 generates $4,249/mo in rent and, after a $2,898/mo payment, leaves $39/mo in cash flow. Total monthly income is $4,249/mo, and annual cash flow is $465/yr on $194,768 invested. Return on cash invested sits at 20.3% in year one, and rental yield is 8.61% on a $592,000 entry. Equity gained on principal adds $3,820/yr, while 5% annual appreciation builds toward $163,559 over five years. Five-year ROI reaches 106.12% and total cumulative return in cash sums $206,696. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,249/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75035, Frisco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,487 (100%) |
| Owner Occupied HU | 23,532 (72.4%) |
| Renter Occupied HU | 7,610 (23.4%) |
| Vacant Housing Units | 1,345 ( 4.1%) |
| Median Home Value | $626,540 |
| Average Home Value | $657,700 |
Housing Distribution
Address Breakdown
Residential
31,415
Single Family
27,086
Multi-Family
4,329
Businesses
1,069
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