1219 Elmwood 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 1219 Elmwood Dr, Richardson, TX, 75080 earns from $3,389/mo rent with a $2,545/mo payment. Total monthly income totals $3,389/mo. ROI tracks 17.9% on current figures, and rental yield reads 7.82% at a $519,919 purchase. Equity gained on principal adds $3,355/yr, and 5% annual appreciation supports $143,644 over five years. Five-year ROI reaches 93.24% and total cumulative return in cash sums $159,490. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,389/mo property income instead of your personal income.
Single Family
Built in 1958
9,496 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: Jeanne Kuhn Slay • RE/MAX DFW Associates
Mls Name: NTREIS
Mls ID: #21011482