2728 Teakwood LnPlanoTX75075
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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 2728 Teakwood Ln, Plano, TX, 75075 offers $2,975/mo rent that, after a $2,036/mo payment, leaves $17/mo cash flow. Total monthly income is $2,975/mo, and annual cash flow is $205/yr on $137,871 cash. Return on cash invested measures 20.06% in year one, and rental yield stands at 8.58% at a $415,900 entry. Equity gained on principal adds $2,684/yr while 5% annual appreciation compounds into $114,906 by year five. Five-year ROI records 104.87% and total cumulative return in cash reaches $144,592. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,975/mo property income versus a $2,036/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75075, Plano, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,547 (100%) |
| Owner Occupied HU | 9,347 (56.5%) |
| Renter Occupied HU | 6,459 (39.0%) |
| Vacant Housing Units | 741 ( 4.5%) |
| Median Home Value | $454,891 |
| Average Home Value | $508,822 |
Housing Distribution
Address Breakdown
Residential
16,362
Single Family
11,425
Multi-Family
4,937
Businesses
1,410
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Listed by: Jason Grovom • HomeSmart
Mls Name: NTREIS
Mls ID: #20703832
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.