1603 Versailles DrRichardsonTX75081
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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
Total monthly income runs $2,861/mo, and a $2,203/mo payment. Purchase price stands at $450,000, and rental yield measures 7.63% with $2,861/mo rent. Return on cash invested shows 17.18% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 89.42% and total cumulative return in cash records $133,386. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,861/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 1978
9,016 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75081, Richardson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,782 (100%) |
| Owner Occupied HU | 7,816 (49.5%) |
| Renter Occupied HU | 6,690 (42.4%) |
| Vacant Housing Units | 1,276 ( 8.1%) |
| Median Home Value | $359,679 |
| Average Home Value | $382,812 |
Housing Distribution
Address Breakdown
Residential
15,596
Single Family
10,146
Multi-Family
5,450
Businesses
2,458
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Listed by: Christopher Ohlig • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #20947930
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.