1813 Hanover 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 1813 Hanover Dr, Richardson, TX, 75081 at $424,999 posts ROI 23.8% with $457/mo cash flow from $3,481/mo rent. Total monthly income equals $3,481/mo, and annual cash flow records $5,482/yr on $140,887 to close. Return on cash invested measures 23.8% and rental yield reads 9.83% at the current $424,999. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,419 by year five. Five-year ROI prints 124.92% and total cumulative return in cash totals $175,996.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,481/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1975
9,147 sqft lot
$N/A/sqft
$25 annually 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: Sitara Richard • Allie Beth Allman & Assoc.
Mls Name: NTREIS
Mls ID: #20988364
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.