2200 W Park Blvd APT 1404PlanoTX75075
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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 Plano at 2200 W Park Blvd APT 1404, Plano, TX, 75075 offers a 9.72% rental yield on a $199,000 purchase with $1,612/mo rent. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 95.78% and total cumulative return in cash at $63,186. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,612/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1982
740.52 sqft lot
$N/A/sqft
$302 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75075, Plano, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,547 (100%) |
| Owner Occupied HU | 9,347 (56.5%) |
| Renter Occupied HU | 6,459 (39.0%) |
| Vacant Housing Units | 741 ( 4.5%) |
| Median Home Value | $454,891 |
| Average Home Value | $508,822 |
Housing Distribution
Address Breakdown
Residential
16,362
Single Family
11,425
Multi-Family
4,937
Businesses
1,410
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Listed by: Yara Jabr • MARK SPAIN REAL ESTATE
Mls Name: NTREIS
Mls ID: #20692644
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.