3801 14th St APT 1201PlanoTX75074
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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 3801 14th St APT 1201, Plano, TX, 75074 uses $77,571 cash to close to unlock $2,692/yr annual cash flow and $224/mo monthly cash flow. Total monthly income runs $2,273/mo, and a $1,145/mo payment keeps the spread at $224/mo. Purchase price stands at $234,000, and rental yield measures 11.66% with $2,273/mo rent. Return on cash invested shows 23.38% in year one, and 5% annual appreciation builds toward $64,650 over five years. Five-year ROI reaches 124.86% and total cumulative return in cash records $96,855. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,273/mo property income covering a $1,145/mo payment rather than investor’s personal income.
Condo
Built in 1985
4,225 sqft lot
$N/A/sqft
$385 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75074, Plano, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,431 (100%) |
| Owner Occupied HU | 10,270 (47.9%) |
| Renter Occupied HU | 9,864 (46.0%) |
| Vacant Housing Units | 1,297 ( 6.1%) |
| Median Home Value | $403,504 |
| Average Home Value | $454,485 |
Housing Distribution
Address Breakdown
Residential
20,975
Single Family
12,891
Multi-Family
8,084
Businesses
2,380
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Listed by: Angela Bao • ERA Empower Realty LLC
Mls Name: NTREIS
Mls ID: #20632013
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.