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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 14814 Le Grande Dr, Addison, TX, 75001 generates $3,728/mo in rent, after a $2,834/mo payment. Total monthly income is $3,728/mo. Return on cash invested sits at 17.4% in year one, and rental yield is 7.73% on a $579,000 entry. Equity gained on principal adds $3,736/yr, while 5% annual appreciation builds toward $159,967 over five years. Five-year ROI reaches 90.65% and total cumulative return in cash sums $172,675. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,728/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
5,793 sqft lot
$N/A/sqft
$400 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 |
|---|---|---|
| 2024-09-23 | Listed for sale | $579,000 |
| 2021-10-04 | Sold | N/A |
| 2021-09-19 | Contingent | $450,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $7345.94 | -9.34% | $455,200 | 7.11% |
| 2022-10-14 | $8102.59 | 61.70% | $425,000 | 30.99% |
| 2021-10-14 | $5010.78 | 4.07% | $324,440 | 8.51% |
Listed by: David Heape • Keller Williams Realty DPR
Mls Name: NTREIS
Mls ID: #20734202
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.
