3101 Townbluff Dr APT 1013PlanoTX75075
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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 3101 Townbluff Dr APT 1013, Plano, TX, 75075 generates $1,722/mo in rent and, after a $1,175/mo payment, leaves $15/mo in cash flow. Total monthly income is $1,722/mo, and annual cash flow is $180/yr on $79,560 invested. Return on cash invested sits at 20.14% in year one, and rental yield is 8.61% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 105.25% and total cumulative return in cash sums $83,738. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,722/mo property income rather than buyer’s personal income.
Condo
Built in 1982
1,655 sqft 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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