2404 Grandview DrRichardsonTX75080
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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
Total monthly income runs $4,411/mo, and a $3,862/mo payment. Purchase price stands at $789,000, and rental yield measures 6.71% with $4,411/mo rent. Return on cash invested shows 14.51% in year one, and 5% annual appreciation builds toward $217,986 over five years. Five-year ROI reaches 75.11% and total cumulative return in cash records $194,962. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,411/mo property income covering a $3,862/mo payment rather than investor’s personal income.
Single Family
Built in 1966
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75080, Richardson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,565 (100%) |
| Owner Occupied HU | 10,167 (49.4%) |
| Renter Occupied HU | 9,187 (44.7%) |
| Vacant Housing Units | 1,211 ( 5.9%) |
| Median Home Value | $455,957 |
| Average Home Value | $521,179 |
Housing Distribution
Address Breakdown
Residential
20,990
Single Family
12,080
Multi-Family
8,910
Businesses
2,138
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Listed by: Angela Green • Keller Williams Central
Mls Name: NTREIS
Mls ID: #21024028