2601 Preston Rd APT 7202PlanoTX75093
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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 2601 Preston Rd APT 7202, Plano, TX, 75093 listed at $290,000 pairs $2,310/mo rent with a $1,419/mo payment to leave $248/mo cash flow. Total monthly income runs $2,310/mo, and annual cash flow reaches $2,978/yr on $96,135 cash to close. Return on cash invested measures 23.01% in year one, and rental yield registers 9.56% at a $290,000 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,122 by year five. Five-year ROI tracks 120.71% and total cumulative return in cash totals $116,044. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,310/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1995
1,698 sqft 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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