2602 Tulip DrRichardsonTX75082
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Nearby investment properties with comparable prices
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 Richardson at 2602 Tulip Dr, Richardson, TX, 75082 at $532,900 posts ROI 39.48% with $2,837/mo cash flow from $6,626/mo rent. Total monthly income equals $6,626/mo, and annual cash flow records $34,041/yr on $175,324 to close. Return on cash invested measures 39.48% and rental yield reads 14.92% at the current $532,900. Equity gained on principal adds $3,439/yr, and 5% annual appreciation supports $147,230 by year five. Five-year ROI prints 208.95% and total cumulative return in cash totals $366,341.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,626/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1990
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75082, Richardson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,968 (100%) |
| Owner Occupied HU | 5,790 (41.5%) |
| Renter Occupied HU | 7,126 (51.0%) |
| Vacant Housing Units | 1,052 ( 7.5%) |
| Median Home Value | $527,081 |
| Average Home Value | $582,306 |
Housing Distribution
Address Breakdown
Residential
12,879
Single Family
6,313
Multi-Family
6,566
Businesses
543
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Listed by: Nanette Myrlin • Keller Williams Realty Allen
Mls Name: NTREIS
Mls ID: #20661025
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.