1712 Woodcreek DrRichardsonTX75082
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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
Investment property for sale in Richardson at 1712 Woodcreek Dr, Richardson, TX, 75082 uses $145,363 cash to close to unlock $1,464/yr annual cash flow and $122/mo monthly cash flow. Total monthly income runs $3,240/mo, and a $2,146/mo payment keeps the spread at $122/mo. Purchase price stands at $438,500, and rental yield measures 8.87% with $3,240/mo rent. Return on cash invested shows 20.92% in year one, and 5% annual appreciation builds toward $121,149 over five years. Five-year ROI reaches 109.44% and total cumulative return in cash records $159,079. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,240/mo property income covering a $2,146/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.30 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: Rachel Tims • Redfin Corporation
Mls Name: NTREIS
Mls ID: #21040156