412 Hanbee StRichardsonTX75080
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
Investment property for sale in Richardson at 412 Hanbee St, Richardson, TX, 75080 at $390,000 posts ROI 23.07% with $341/mo cash flow from $3,114/mo rent. Total monthly income equals $3,114/mo, and annual cash flow records $4,086/yr on $129,285 to close. Return on cash invested measures 23.07% and rental yield reads 9.58% at the current $390,000. Equity gained on principal adds $2,517/yr, and 5% annual appreciation supports $107,750 by year five. Five-year ROI prints 121.01% and total cumulative return in cash totals $156,452.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,114/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1956
8,102 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75080, Richardson, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
20,990
Single Family
12,080
Multi-Family
8,910
Businesses
2,138
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Listed by: Tom Calvaneso • Keller Williams Realty-FM
Mls Name: NTREIS
Mls ID: #21141705