2524 Preston Rd APT 204PlanoTX75093
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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 Plano at 2524 Preston Rd APT 204, Plano, TX, 75093 earns $349/mo cash flow from $2,759/mo rent with a $1,659/mo payment. Total monthly income totals $2,759/mo, and annual cash flow totals $4,183/yr on $112,379 capital. ROI tracks 23.63% on current figures, and rental yield reads 9.77% at a $339,000 purchase. Equity gained on principal adds $2,188/yr, and 5% annual appreciation supports $93,659 over five years. Five-year ROI reaches 124.03% and total cumulative return in cash sums $139,384. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,759/mo property income instead of your personal income.
Condo
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75093, Plano, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,428 (100%) |
| Owner Occupied HU | 11,939 (53.2%) |
| Renter Occupied HU | 9,019 (40.2%) |
| Vacant Housing Units | 1,470 ( 6.6%) |
| Median Home Value | $674,115 |
| Average Home Value | $758,268 |
Housing Distribution
Address Breakdown
Residential
20,695
Single Family
13,283
Multi-Family
7,412
Businesses
2,333
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