2406 Lawnmeadow 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
Rental property for sale in Richardson at 2406 Lawnmeadow Dr, Richardson, TX, 75080 generates $4,632/mo in rent, after a $3,304/mo payment. Total monthly income is $4,632/mo. Return on cash invested sits at 19.15% in year one, and rental yield is 8.23% on a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 99.96% and total cumulative return in cash sums $221,991. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,632/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
9,496 sqft 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: Kelly Fassett • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #21082173