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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Plano at 3705 Legendary Ln, Plano, TX, 75023 generates $3,328/mo in rent, after a $2,619/mo payment. Total monthly income is $3,328/mo. Return on cash invested sits at 16.6% in year one, and rental yield is 7.46% on a $535,000 entry. Equity gained on principal adds $3,452/yr, while 5% annual appreciation builds toward $147,811 over five years. Five-year ROI reaches 86.4% and total cumulative return in cash sums $152,080. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,328/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
8,712 sqft lot
$N/A/sqft
$180 semi-annually HOA
Neighborhood data shown for ZIP Code: 75023, Plano, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,629 (100%) |
| Owner Occupied HU | 11,275 (60.5%) |
| Renter Occupied HU | 6,669 (35.8%) |
| Vacant Housing Units | 685 ( 3.7%) |
| Median Home Value | $435,719 |
| Average Home Value | $478,957 |
Residential
19,378
Single Family
13,876
Multi-Family
5,502
Businesses
942
Date | Event | Price |
|---|---|---|
| 2024-12-26 | Listed for sale | $535,000 |
| 2019-12-31 | Sold | N/A |
| 2019-12-27 | Pending sale | $334,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $436,104 | 10.00% |
| 2023-12-27 | $1615.49 | -49.56% | $396,458 | 10.00% |
| 2022-12-27 | $3202.99 | N/A | $360,416 | 10.00% |
Listed by: Larry Mowatt • Keller Williams Realty Allen
Mls Name: NTREIS
Mls ID: #20803039
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.
