1313 Ballymote LnPlanoTX75074
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Nearby investment properties with comparable prices
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 1313 Ballymote Ln, Plano, TX, 75074 listed at $350,000 pairs $2,533/mo rent with a $1,713/mo payment. Total monthly income runs $2,533/mo. Return on cash invested measures 19.81% in year one, and rental yield registers 8.68% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 103.74% and total cumulative return in cash totals $120,362. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,533/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2004
3,920 sqft lot
$N/A/sqft
$160 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75074, Plano, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,431 (100%) |
| Owner Occupied HU | 10,270 (47.9%) |
| Renter Occupied HU | 9,864 (46.0%) |
| Vacant Housing Units | 1,297 ( 6.1%) |
| Median Home Value | $403,504 |
| Average Home Value | $454,485 |
Housing Distribution
Address Breakdown
Residential
20,975
Single Family
12,891
Multi-Family
8,084
Businesses
2,380
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Listed by: Stacy Long-DeLaCruz • RE/MAX Dallas Suburbs
Mls Name: NTREIS
Mls ID: #20796616
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.