1400 Ridgecrest DrPlanoTX75074
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
Investment property for sale in Plano at 1400 Ridgecrest Dr, Plano, TX, 75074 earns $486/mo cash flow from $2,317/mo rent with a $1,260/mo payment. Total monthly income totals $2,317/mo, and annual cash flow totals $5,835/yr on $85,361 capital. ROI tracks 26.74% on current figures, and rental yield reads 10.8% at a $257,500 purchase. Equity gained on principal adds $1,662/yr, and 5% annual appreciation supports $71,143 over five years. Five-year ROI reaches 140.75% and total cumulative return in cash sums $120,145. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,317/mo property income instead of your personal income.
Single Family
Built in 1970
8,276 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices