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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Richardson at 2632 Custer Pkwy APT C, Richardson, TX, 75080 offers a 12.64% rental yield on a $285,000 purchase with $3,001/mo rent. Total monthly income registers $3,001/mo, and a $1,395/mo payment leaves $454/mo available for distribution. Annual cash flow reaches $5,451/yr on $94,478 to close, and return on cash invested stands at 25.68% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 137.42% and total cumulative return in cash at $129,834. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,001/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
958.32 sqft lot
$N/A/sqft
$520 monthly HOA
Neighborhood data shown for ZIP Code: 75080, Richardson, TX area.
| 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 |
Residential
20,990
Single Family
12,080
Multi-Family
8,910
Businesses
2,138
Date | Event | Price |
|---|---|---|
| 2024-09-30 | Listed for sale | $285,000 |
| 2024-09-20 | Contingent | $285,000 |
| 2024-08-29 | Price change | $285,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jenny Fox Miles • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #20693020
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.
