3829 Elgin DrPlanoTX75025
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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 3829 Elgin Dr, Plano, TX, 75025 offers a 7.33% rental yield on a $655,000 purchase with $4,001/mo rent. 12% in year one. Equity gained on principal adds $4,227/yr while 5% annual appreciation supports $180,964 over five years. Portfolio math shows five-year ROI at 83.85% and total cumulative return in cash at $180,683. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,001/mo property income against a $3,206/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
8,276 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75025, Plano, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,671 (100%) |
| Owner Occupied HU | 12,268 (62.4%) |
| Renter Occupied HU | 6,893 (35.0%) |
| Vacant Housing Units | 510 ( 2.6%) |
| Median Home Value | $544,989 |
| Average Home Value | $584,814 |
Housing Distribution
Address Breakdown
Residential
19,118
Single Family
14,644
Multi-Family
4,474
Businesses
636
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Listed by: Howard Cheung • Keller Williams Frisco Stars
Mls Name: NTREIS
Mls ID: #21062446
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.