2471 Empire 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 2471 Empire Dr, Richardson, TX, 75080 generates $6,511/mo in rent and, after a $3,357/mo payment, leaves $1,474/mo in cash flow. Total monthly income is $6,511/mo, and annual cash flow is $17,683/yr on $225,661 invested. Return on cash invested sits at 27.9% in year one, and rental yield is 11.39% on a $685,900 entry. Equity gained on principal adds $4,426/yr, while 5% annual appreciation builds toward $189,502 over five years. Five-year ROI reaches 147.18% and total cumulative return in cash sums $332,117. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,511/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
2,352 sqft lot
$N/A/sqft
$960 semi-annually 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: #20688541
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.