3505 Piedmont DrPlanoTX75075
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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 Plano at 3505 Piedmont Dr, Plano, TX, 75075 uses $132,600 cash to close to unlock $73,144/yr annual cash flow and $6,095/mo monthly cash flow. Total monthly income runs $8,940/mo, and a $1,958/mo payment keeps the spread at $6,095/mo. Purchase price stands at $400,000, and rental yield measures 26.82% with $8,940/mo rent. Return on cash invested shows 75.07% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 399.88% and total cumulative return in cash records $530,236. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $8,940/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 1976
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75075, Plano, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
16,362
Single Family
11,425
Multi-Family
4,937
Businesses
1,410
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Listed by: Karen Hanson • WM Realty Tx LLC
Mls Name: NTREIS
Mls ID: #20765050
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.