2601 Preston Rd APT 6207PlanoTX75093
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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 Plano at 2601 Preston Rd APT 6207, Plano, TX, 75093 generates $2,582/mo in rent, after a $1,444/mo payment. Total monthly income is $2,582/mo. Return on cash invested sits at 19.89% in year one, and rental yield is 10.5% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 106.13% and total cumulative return in cash sums $103,790. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,582/mo property income rather than buyer’s personal income.
Condo
Built in 1995
1,785 sqft lot
$N/A/sqft
$486 monthly 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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Listed by: Jamuna Thill • EXP REALTY
Mls Name: NTREIS
Mls ID: #21065832
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.