1122 Parkhaven DrRichardsonTX75080
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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 1122 Parkhaven Dr, Richardson, TX, 75080 earns $36/mo cash flow from $3,655/mo rent with a $2,491/mo payment. Total monthly income totals $3,655/mo, and annual cash flow totals $429/yr on $167,461 capital. ROI tracks 20.32% on current figures, and rental yield reads 8.62% at a $509,000 purchase. Equity gained on principal adds $3,285/yr, and 5% annual appreciation supports $140,627 over five years. Five-year ROI reaches 106.21% and total cumulative return in cash sums $177,853. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,655/mo property income instead of your personal income.
Single Family
Built in 1962
0.27 Acres 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: Laura Crivello • Laura Lee Crivello
Mls Name: NTREIS
Mls ID: #21069408