3203 Grantham DrRichardsonTX75082
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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
Investment property for sale in Richardson at 3203 Grantham Dr, Richardson, TX, 75082 listed at $560,000 pairs $5,120/mo rent with a $2,741/mo payment to leave $1,098/mo cash flow. Total monthly income runs $5,120/mo, and annual cash flow reaches $13,172/yr on $184,240 cash to close. Return on cash invested measures 27.21% in year one, and rental yield registers 10.97% at a $560,000 basis. Equity gained on principal adds $3,614/yr, and annual property appreciation at 5% supports $154,718 by year five. Five-year ROI tracks 143.27% and total cumulative return in cash totals $263,969. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,120/mo property income relative to a $2,741/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
10,018 sqft lot
$N/A/sqft
$120 quarterly 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: Travis Cross • Compass RE Texas, LLC.
Mls Name: NTREIS
Mls ID: #20889396
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.