3501 Alamosa River DrProsperTX75078
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Prosper at 3501 Alamosa River Dr, Prosper, TX, 75078 generates $4,073/mo in rent and, after a $2,643/mo payment, leaves $155/mo in cash flow. Total monthly income is $4,073/mo, and annual cash flow is $1,860/yr on $177,660 invested. Return on cash invested sits at 21.11% in year one, and rental yield is 9.05% on a $540,000 entry. Equity gained on principal adds $3,485/yr, while 5% annual appreciation builds toward $149,192 over five years. Five-year ROI reaches 110.64% and total cumulative return in cash sums $196,562. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,073/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
6,403 sqft lot
$N/A/sqft
$468 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75078, Prosper, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,313 (100%) |
| Owner Occupied HU | 14,666 (75.9%) |
| Renter Occupied HU | 2,459 (12.7%) |
| Vacant Housing Units | 2,188 (11.3%) |
| Median Home Value | $704,763 |
| Average Home Value | $764,345 |
Housing Distribution
Address Breakdown
Residential
18,014
Single Family
16,310
Multi-Family
1,704
Businesses
1,413
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Taffney Wilson • Keller Williams Realty Allen
Mls Name: NTREIS
Mls ID: #20944109
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.