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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Richardson at 112 N Spring Creek Dr, Richardson, TX, 75081 offers $3,000/mo rent that, after a $2,105/mo payment. Total monthly income is $3,000/mo. Return on cash invested measures 19.42% in year one, and rental yield stands at 8.37% at a $429,999 entry. Equity gained on principal adds $2,775/yr while 5% annual appreciation compounds into $118,801 by year five. Five-year ROI records 101.43% and total cumulative return in cash reaches $144,578. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,000/mo property income versus a $2,105/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75081, Richardson, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,782 (100%) |
| Owner Occupied HU | 7,816 (49.5%) |
| Renter Occupied HU | 6,690 (42.4%) |
| Vacant Housing Units | 1,276 ( 8.1%) |
| Median Home Value | $359,679 |
| Average Home Value | $382,812 |
Residential
15,596
Single Family
10,146
Multi-Family
5,450
Businesses
2,458
Date | Event | Price |
|---|---|---|
| 2025-02-09 | Price change | $429,999 |
| 2024-12-25 | Listed for sale | $435,000 |
| 2024-11-23 | Listing removed | $430,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $3311.90 | 6.86% | $425,950 | 19.34% |
| 2023-02-12 | $3099.38 | 7.04% | $356,910 | N/A |
| 2022-02-12 | $2895.40 | 1.70% | $356,910 | 38.94% |
Listed by: Jesus Alvidrez • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #20802664
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.
