3309 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 3309 Grantham Dr, Richardson, TX, 75082 with 5% annual appreciation on a $569,000 basis while $4,588/mo rent supports operations. Total monthly income totals $4,588/mo and a $2,785/mo payment preserves $542/mo for cash returns. Annual cash flow comes to $6,501/yr on $187,201 deployed, and return on cash invested reaches 23.53% in year one. Equity gained on principal adds $3,672/yr, and five-year appreciation sums $157,204 alongside rental yield of 9.68%. Five-year ROI measures 123.47% and total cumulative return in cash totals $231,131.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,588/mo property income versus a $2,785/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
9,147 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: Edgard Sammour • JPAR Dallas
Mls Name: NTREIS
Mls ID: #21101875