1119 Piedmont LnRichardsonTX75080
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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 Richardson at 1119 Piedmont Ln, Richardson, TX, 75080 at $750,000 posts ROI 19.01% with from $5,117/mo rent. Total monthly income equals $5,117/mo. Return on cash invested measures 19.01% and rental yield reads 8.19% at the current $750,000. Equity gained on principal adds $4,840/yr, and 5% annual appreciation supports $207,211 by year five. Five-year ROI prints 99.19% and total cumulative return in cash totals $244,758. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,117/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2015
3,789 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75080, Richardson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,565 (100%) |
| Owner Occupied HU | 10,167 (49.4%) |
| Renter Occupied HU | 9,187 (44.7%) |
| Vacant Housing Units | 1,211 ( 5.9%) |
| Median Home Value | $455,957 |
| Average Home Value | $521,179 |
Housing Distribution
Address Breakdown
Residential
20,990
Single Family
12,080
Multi-Family
8,910
Businesses
2,138
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Listed by: Billy Vaselo • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #21130047