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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% |
Investment property for sale in Addison at 15854 Quorum Dr, Addison, TX, 75001 listed at $500,000 pairs $3,274/mo rent with a $2,447/mo payment. Total monthly income runs $3,274/mo. Return on cash invested measures 16.68% in year one, and rental yield registers 7.86% at a $500,000 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,141 by year five. Five-year ROI tracks 87.16% and total cumulative return in cash totals $144,464. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,274/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2010
1,219 sqft lot
$N/A/sqft
$165 monthly 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 |
|---|---|---|
| 2024-11-01 | Listed for sale | $500,000 |
| 2020-08-25 | Sold | N/A |
| 2020-08-15 | Pending sale | $429,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $8155.85 | 8.25% | $505,180 | -2.37% |
| 2023-12-27 | $7534.46 | -6.58% | $517,440 | 22.28% |
| 2022-12-27 | $8065.25 | 2.31% | $423,150 | 8.86% |
Listed by: Erik Echegaray • Fathom Realty
Mls Name: NTREIS
Mls ID: #20757530
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.
