1417 Tree Farm DrPlanoTX75093
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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
Rental property for sale in Plano at 1417 Tree Farm Dr, Plano, TX, 75093 offers $5,956/mo rent that, after a $4,307/mo payment. Total monthly income is $5,956/mo. Return on cash invested measures 18.57% in year one, and rental yield stands at 8.12% at a $880,000 entry. Equity gained on principal adds $5,679/yr while 5% annual appreciation compounds into $243,128 by year five. Five-year ROI records 96.94% and total cumulative return in cash reaches $280,652. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,956/mo property income versus a $4,307/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
0.26 Acres lot
$N/A/sqft
$700 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75093, Plano, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,428 (100%) |
| Owner Occupied HU | 11,939 (53.2%) |
| Renter Occupied HU | 9,019 (40.2%) |
| Vacant Housing Units | 1,470 ( 6.6%) |
| Median Home Value | $674,115 |
| Average Home Value | $758,268 |
Housing Distribution
Address Breakdown
Residential
20,695
Single Family
13,283
Multi-Family
7,412
Businesses
2,333
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Listed by: Gayle McCord • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #21056500
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.