3217 Tearose 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
Rental property for sale in Richardson at 3217 Tearose Dr, Richardson, TX, 75082 priced at $790,000 converts $5,364/mo rent into after a $3,867/mo obligation. Total monthly income equals $5,364/mo. Return on cash invested prints 18.89% in year one, and rental yield reads 8.15% against a $790,000 entry. Equity gained on principal adds $5,098/yr, while 5% annual appreciation compiles into $218,262 by year five. Five-year ROI reaches 98.54% and total cumulative return in cash sums $256,116. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,364/mo property income covering a $3,867/mo payment, not borrower’s personal income.
Single Family
Built in 2001
0.25 Acres 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: Joyce Lynn Chandler • Keller Williams Central
Mls Name: NTREIS
Mls ID: #21101952