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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 14770 Lochinvar Dr, Addison, TX, 75001 generates $5,670/mo in rent, after a $4,087/mo payment. Total monthly income is $5,670/mo. Return on cash invested sits at 18.89% in year one, and rental yield is 8.15% on a $835,000 entry. Equity gained on principal adds $5,388/yr, while 5% annual appreciation builds toward $230,695 over five years. Five-year ROI reaches 98.57% and total cumulative return in cash sums $270,784. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,670/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
6,838 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Wesley Haile • Russell Realty
Mls Name: NTREIS
Mls ID: #21059041
