3613 Gloucester RdRichardsonTX75082
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 Richardson at 3613 Gloucester Rd, Richardson, TX, 75082 generates $3,564/mo in rent, after a $3,181/mo payment. Total monthly income is $3,564/mo. Return on cash invested sits at 14.12% in year one, and rental yield is 6.58% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 73.02% and total cumulative return in cash sums $156,158. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,564/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
3,833 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joyce Lynn Chandler • Keller Williams Central
Mls Name: NTREIS
Mls ID: #21060869