1400 Meadowcrest DrPlanoTX75075
Nearby investment properties with comparable rents
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
Rental property for sale in Plano at 1400 Meadowcrest Dr, Plano, TX, 75075 priced at $359,500 pairs $2,983/mo rent with $426/mo cash flow after a $1,760/mo payment. Total monthly income equals $2,983/mo, and annual cash flow comes to $5,113/yr on $119,174 invested. Return on cash invested is 24.2% in year one, and rental yield stands at 9.96% on a $359,500 basis. Equity gained on principal adds $2,320/yr, and 5% annual appreciation accumulates to $99,323 by year five. Five-year ROI measures 127.08% and total cumulative return in cash reaches $151,448. For financing, Ziffy Mortgage’s DSCR program evaluates $2,983/mo property income against a $1,760/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75075, Plano, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,547 (100%) |
| Owner Occupied HU | 9,347 (56.5%) |
| Renter Occupied HU | 6,459 (39.0%) |
| Vacant Housing Units | 741 ( 4.5%) |
| Median Home Value | $454,891 |
| Average Home Value | $508,822 |
Housing Distribution
Address Breakdown
Residential
16,362
Single Family
11,425
Multi-Family
4,937
Businesses
1,410
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices