3024 Glen Meadow DrPlanoTX75025
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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 3024 Glen Meadow Dr, Plano, TX, 75025 generates $2,586/mo in rent and, after a $1,712/mo payment, leaves $99/mo in cash flow. Total monthly income is $2,586/mo, and annual cash flow is $1,186/yr on $115,926 invested. Return on cash invested sits at 20.93% in year one, and rental yield is 8.87% on a $349,700 entry. Equity gained on principal adds $2,257/yr, while 5% annual appreciation builds toward $96,616 over five years. Five-year ROI reaches 109.53% and total cumulative return in cash sums $126,976. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,586/mo property income rather than buyer’s personal income.
Townhouse
Built in 2000
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75025, Plano, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,671 (100%) |
| Owner Occupied HU | 12,268 (62.4%) |
| Renter Occupied HU | 6,893 (35.0%) |
| Vacant Housing Units | 510 ( 2.6%) |
| Median Home Value | $544,989 |
| Average Home Value | $584,814 |
Housing Distribution
Address Breakdown
Residential
19,118
Single Family
14,644
Multi-Family
4,474
Businesses
636
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