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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 Richardson at 404 Lowell Ln, Richardson, TX, 75080 priced at $305,000 pairs $2,804/mo rent with $635/mo cash flow after a $1,493/mo payment. Total monthly income equals $2,804/mo, and annual cash flow comes to $7,619/yr on $101,108 invested. Return on cash invested is 27.44% in year one, and rental yield stands at 11.03% on a $305,000 basis. Equity gained on principal adds $1,968/yr, and 5% annual appreciation accumulates to $84,266 by year five. Five-year ROI measures 144.46% and total cumulative return in cash reaches $146,062. For financing, Ziffy Mortgage’s DSCR program evaluates $2,804/mo property income against a $1,493/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
7,535 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75080, Richardson, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,565 (100%) |
| Owner Occupied HU | 10,167 (49.4%) |
| Renter Occupied HU | 9,187 (44.7%) |
| Vacant Housing Units | 1,211 ( 5.9%) |
| Median Home Value | $455,957 |
| Average Home Value | $521,179 |
Residential
20,990
Single Family
12,080
Multi-Family
8,910
Businesses
2,138
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Alisha Melvin • Alisha Melvin Esq. Real Estate
Mls Name: NTREIS
Mls ID: #21065851
