1714 Elk Grove DrRichardsonTX75081
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Nearby investment properties with comparable prices
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 1714 Elk Grove Dr, Richardson, TX, 75081 earns $95/mo cash flow from $2,932/mo rent with a $1,953/mo payment. Total monthly income totals $2,932/mo, and annual cash flow totals $1,135/yr on $132,269 capital. ROI tracks 20.77% on current figures, and rental yield reads 8.82% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 108.67% and total cumulative return in cash sums $143,738. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,932/mo property income instead of your personal income.
Single Family
Built in 1979
7,710 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: DANI ROJAS ROJAS • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #21054883