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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% |
Rental property for sale in Plano at 3121 Galveston St, Plano, TX, 75075 offers $3,240/mo rent that, after a $2,442/mo payment. Total monthly income is $3,240/mo. Return on cash invested measures 15.53% in year one, and rental yield stands at 7.79% at a $499,000 entry. Equity gained on principal adds $3,220/yr while 5% annual appreciation compounds into $137,865 by year five. Five-year ROI records 81.35% and total cumulative return in cash reaches $134,574. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,240/mo property income versus a $2,442/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2024
2,787 sqft lot
$N/A/sqft
$295 monthly HOA
Neighborhood data shown for ZIP Code: 75075, Plano, TX area.
| 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 |
Residential
16,362
Single Family
11,425
Multi-Family
4,937
Businesses
1,410
Date | Event | Price |
|---|---|---|
| 2024-12-02 | Price change | $499,000 |
| 2024-11-26 | Price change | $545,000 |
| 2024-10-21 | Price change | $529,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $6752.87 | 172.25% | $399,433 | 177.95% |
| 2023-12-27 | $2480.41 | N/A | $143,707 | N/A |
Listed by: Jagjit Singh • Jagjit Singh
Mls Name: NTREIS
Mls ID: #20721769
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.
