3026 Silver Springs LnRichardsonTX75082
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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
Total monthly income runs $1,727/mo, and a $1,224/mo payment. Purchase price stands at $249,999, and rental yield measures 8.29% with $1,727/mo rent. Return on cash invested shows 19.17% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 100.08% and total cumulative return in cash records $82,942. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,727/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1991
5,662 sqft 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: Rebbie Woods • Rebbie Woods Realty Group, LLC
Mls Name: NTREIS
Mls ID: #21027682