1226 Evergreen Dr, Richardson, TX, 75080 | 8.52% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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1226 Evergreen Dr, Richardson, TX, 75080 | 8.52% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Richardson at 1226 Evergreen Dr, Richardson, TX, 75080 generates $3,116/mo in rent, after a $2,149/mo payment. Total monthly income is $3,116/mo. Return on cash invested sits at 19.86% in year one, and rental yield is 8.52% on a $439,000 entry. Equity gained on principal adds $2,833/yr, while 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 103.78% and total cumulative return in cash sums $151,028. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,116/mo property income rather than buyer’s personal income.

Single Family

Built in 1959

8,973 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 1226 Evergreen Drive, a beautifully maintained home located in the desirable Richardson Heights neighborhood. This charming 3-bedroom, 2-bathroom property offers a thoughtful blend of original character and modern updates, making it move-in ready for todays lifestyle. From the moment you step inside, youll appreciate the inviting open-concept layout, enhanced by waterproof wood flooring with cork underlayment a stylish and practical upgrade that adds comfort and durability throughout the main living areas. The updated kitchen features custom gray cabinetry, a decorative stone backsplash, and a sliding barn door that opens to a spacious walk-in pantry and utility area, offering both form and function. The primary suite serves as a relaxing retreat with sliding barn doors, dual vanities, octagon tile flooring, and a large walk-in shower. Each space in the home has been well cared for, reflecting excellent upkeep and pride of ownership throughout. One of the standout features of this property is the expansive backyard, a true outdoor oasis with mature trees, an extended stone patio, wood fencing, and a deck ideal for entertaining, gardening, or simply relaxing under the Texas sky. A storage shed is included and offers great potential for a workshop, studio, or extra storage. Located in Richardson ISD with access to excellent schools and just minutes from shopping, dining, and major highways, this home offers the perfect combination of comfort, convenience, and plenty of yard to expand as life calls!

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