1515 Jennifer StRichardsonTX75082
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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 1515 Jennifer St, Richardson, TX, 75082 offers $5,633/mo rent that, after a $2,912/mo payment, leaves $1,402/mo cash flow. Total monthly income is $5,633/mo, and annual cash flow is $16,828/yr on $195,722 cash. Return on cash invested measures 28.66% in year one, and rental yield stands at 11.36% at a $594,900 entry. Equity gained on principal adds $3,839/yr while 5% annual appreciation compounds into $164,360 by year five. Five-year ROI records 150.95% and total cumulative return in cash reaches $295,447. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,633/mo property income versus a $2,912/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75082, Richardson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,968 (100%) |
| Owner Occupied HU | 5,790 (41.5%) |
| Renter Occupied HU | 7,126 (51.0%) |
| Vacant Housing Units | 1,052 ( 7.5%) |
| Median Home Value | $527,081 |
| Average Home Value | $582,306 |
Housing Distribution
Address Breakdown
Residential
12,879
Single Family
6,313
Multi-Family
6,566
Businesses
543
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Listed by: Emin Aljic • VIP Realty
Mls Name: NTREIS
Mls ID: #20639071
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.