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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Addison at 14705 Le Grande Dr, Addison, TX, 75001 offers $2,683/mo rent that, after a $2,425/mo payment. Total monthly income is $2,683/mo. Return on cash invested measures 13.34% in year one, and rental yield stands at 6.5% at a $495,400 entry. Equity gained on principal adds $3,197/yr while 5% annual appreciation compounds into $136,870 by year five. Five-year ROI records 69.01% and total cumulative return in cash reaches $113,332. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,683/mo property income versus a $2,425/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
5,619 sqft lot
$N/A/sqft
$703 annually HOA
Neighborhood data shown for ZIP Code: 75001, Addison, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,386 (100%) |
| Owner Occupied HU | 1,729 (15.2%) |
| Renter Occupied HU | 8,698 (76.4%) |
| Vacant Housing Units | 959 ( 8.4%) |
| Median Home Value | $435,573 |
| Average Home Value | $459,089 |
Residential
11,354
Single Family
1,820
Multi-Family
9,534
Businesses
2,198
Date | Event | Price |
|---|---|---|
| 2024-08-12 | Listed for sale | $495,400 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $8140.33 | -1.24% | $375,320 | 8.12% |
| 2022-08-13 | $8242.26 | 10.06% | $347,130 | 14.92% |
| 2021-08-13 | $7488.88 | 3.56% | $302,050 | 6.31% |
Listed by: Bernard Patak Jr. • Keller Williams Realty Allen
Mls Name: NTREIS
Mls ID: #20690356
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.
