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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Richardson at 2216 Owens Blvd, Richardson, TX, 75082 generates $2,788/mo in rent and, after a $1,444/mo payment, leaves $690/mo in cash flow. Total monthly income is $2,788/mo, and annual cash flow is $8,281/yr on $97,793 invested. Return on cash invested sits at 28.38% in year one, and rental yield is 11.34% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 149.51% and total cumulative return in cash sums $146,210. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,788/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
10,323 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75082, Richardson, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,968 (100%) |
| Owner Occupied HU | 5,790 (41.5%) |
| Renter Occupied HU | 7,126 (51.0%) |
| Vacant Housing Units | 1,052 ( 7.5%) |
| Median Home Value | $527,081 |
| Average Home Value | $582,306 |
Residential
12,879
Single Family
6,313
Multi-Family
6,566
Businesses
543
Date | Event | Price |
|---|---|---|
| 2025-09-17 | Listed for sale | $295,000 |
| 2013-06-19 | Listing removed | $170,000 |
| 2013-05-09 | Listed for sale | $170,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-18 | $1884.27 | 6.96% | $386,180 | N/A |
| 2023-09-18 | $1761.61 | -2.31% | $386,180 | 20.19% |
| 2022-09-18 | $1803.25 | 3.88% | $321,320 | 18.99% |
Listed by: Patty Turner • Keller Williams Rockwall
Mls Name: NTREIS
Mls ID: #21063047
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.
