2332 Village North Dr #2332RichardsonTX75081
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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 Richardson at 2332 Village North Dr #2332, Richardson, TX, 75081 earns $1,779/mo cash flow from $3,188/mo rent with a $827/mo payment. Total monthly income totals $3,188/mo, and annual cash flow totals $21,353/yr on $56,024 capital. ROI tracks 58.02% on current figures, and rental yield reads 22.64% at a $169,000 purchase. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 over five years. Five-year ROI reaches 310.1% and total cumulative return in cash sums $173,731. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,188/mo property income instead of your personal income.
Condo
Built in 1973
10.20 Acres lot
$N/A/sqft
$207 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75081, Richardson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,782 (100%) |
| Owner Occupied HU | 7,816 (49.5%) |
| Renter Occupied HU | 6,690 (42.4%) |
| Vacant Housing Units | 1,276 ( 8.1%) |
| Median Home Value | $359,679 |
| Average Home Value | $382,812 |
Housing Distribution
Address Breakdown
Residential
15,596
Single Family
10,146
Multi-Family
5,450
Businesses
2,458
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Listed by: Ronni Martin • SUMMIT, REALTORS
Mls Name: NTREIS
Mls ID: #20652667
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.