2204 W Park Blvd APT 2202PlanoTX75075
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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 2204 W Park Blvd APT 2202, Plano, TX, 75075 earns from $1,686/mo rent with a $1,199/mo payment. Total monthly income totals $1,686/mo. ROI tracks 11.4% on current figures, and rental yield reads 8.26% at a $245,000 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Five-year ROI reaches 61.18% and total cumulative return in cash sums $49,692. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,686/mo property income instead of your personal income.
Condo
Built in 1982
1,263 sqft lot
$N/A/sqft
$520 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: Beverlee Heintges • Residential Locators, Inc.
Mls Name: NTREIS
Mls ID: #21040882
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.