2305 Chadbourne DrPlanoTX75023
Nearby investment properties with comparable rents
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
Rental property for sale in Plano at 2305 Chadbourne Dr, Plano, TX, 75023 priced at $599,900 converts $4,286/mo rent into $12/mo cash flow after a $2,936/mo obligation. Total monthly income equals $4,286/mo, and annual cash flow totals $143/yr on $197,367 invested. Return on cash invested prints 20.13% in year one, and rental yield reads 8.57% against a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation compiles into $165,741 by year five. Five-year ROI reaches 105.24% and total cumulative return in cash sums $207,700. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,286/mo property income covering a $2,936/mo payment, not borrower’s personal income.
Single Family
Built in 1983
9,583 sqft lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75023, Plano, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,629 (100%) |
| Owner Occupied HU | 11,275 (60.5%) |
| Renter Occupied HU | 6,669 (35.8%) |
| Vacant Housing Units | 685 ( 3.7%) |
| Median Home Value | $435,719 |
| Average Home Value | $478,957 |
Housing Distribution
Address Breakdown
Residential
19,378
Single Family
13,876
Multi-Family
5,502
Businesses
942
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marilyn Iness • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20885537
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.