1121 Greenpark DrPlanoTX75075
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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 1121 Greenpark Dr, Plano, TX, 75075 priced at $625,000 converts $5,417/mo rent into $973/mo cash flow after a $3,059/mo obligation. Total monthly income equals $5,417/mo, and annual cash flow totals $11,671/yr on $205,625 invested. Return on cash invested prints 25.74% in year one, and rental yield reads 10.4% against a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation compiles into $172,676 by year five. Five-year ROI reaches 135.28% and total cumulative return in cash sums $278,173. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,417/mo property income covering a $3,059/mo payment, not borrower’s personal income.
Single Family
Built in 1992
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75075, Plano, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,547 (100%) |
| Owner Occupied HU | 9,347 (56.5%) |
| Renter Occupied HU | 6,459 (39.0%) |
| Vacant Housing Units | 741 ( 4.5%) |
| Median Home Value | $454,891 |
| Average Home Value | $508,822 |
Housing Distribution
Address Breakdown
Residential
16,362
Single Family
11,425
Multi-Family
4,937
Businesses
1,410
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Listed by: Matthew Brown • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20921314
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.