1216 Baxter DrPlanoTX75025
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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 Plano at 1216 Baxter Dr, Plano, TX, 75025 offers a 8.71% rental yield on a $444,900 purchase with $3,230/mo rent. Total monthly income registers $3,230/mo, and a $2,178/mo payment leaves $66/mo available for distribution. Annual cash flow reaches $790/yr on $147,484 to close, and return on cash invested stands at 20.44% in year one. Equity gained on principal adds $2,871/yr while 5% annual appreciation supports $122,918 over five years. Portfolio math shows five-year ROI at 106.91% and total cumulative return in cash at $157,681. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,230/mo property income against a $2,178/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75025, Plano, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,671 (100%) |
| Owner Occupied HU | 12,268 (62.4%) |
| Renter Occupied HU | 6,893 (35.0%) |
| Vacant Housing Units | 510 ( 2.6%) |
| Median Home Value | $544,989 |
| Average Home Value | $584,814 |
Housing Distribution
Address Breakdown
Residential
19,118
Single Family
14,644
Multi-Family
4,474
Businesses
636
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