145 Trellis PlRichardsonTX75081
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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 Richardson at 145 Trellis Pl, Richardson, TX, 75081 priced at $240,000 converts $1,702/mo rent into after a $1,175/mo obligation. Total monthly income equals $1,702/mo. Return on cash invested prints 19.83% in year one, and rental yield reads 8.51% against a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation compiles into $66,308 by year five. Five-year ROI reaches 103.64% and total cumulative return in cash sums $82,454. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,702/mo property income covering a $1,175/mo payment, not borrower’s personal income.
Townhouse
Built in 1973
10.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75081, Richardson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,782 (100%) |
| Owner Occupied HU | 7,816 (49.5%) |
| Renter Occupied HU | 6,690 (42.4%) |
| Vacant Housing Units | 1,276 ( 8.1%) |
| Median Home Value | $359,679 |
| Average Home Value | $382,812 |
Housing Distribution
Address Breakdown
Residential
15,596
Single Family
10,146
Multi-Family
5,450
Businesses
2,458
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Listed by: Jaz Alexander • Monument Realty
Mls Name: NTREIS
Mls ID: #21126578