216 Crepe Myrtle LnMurphyTX75094
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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
Rental property for sale in Murphy at 216 Crepe Myrtle Ln, Murphy, TX, 75094 priced at $499,999 converts $3,412/mo rent into after a $2,447/mo obligation. Total monthly income equals $3,412/mo. Return on cash invested prints 18.87% in year one, and rental yield reads 8.19% against a $499,999 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,141 by year five. Five-year ROI reaches 98.48% and total cumulative return in cash sums $163,231. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,412/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 2001
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75094, Plano, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,708 (100%) |
| Owner Occupied HU | 6,172 (92.0%) |
| Renter Occupied HU | 458 ( 6.8%) |
| Vacant Housing Units | 78 ( 1.2%) |
| Median Home Value | $550,078 |
| Average Home Value | $601,717 |
Housing Distribution
Address Breakdown
Residential
7,028
Single Family
6,872
Multi-Family
156
Businesses
619
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