419 Provincetown LnRichardsonTX75080
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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
Rental property for sale in Richardson at 419 Provincetown Ln, Richardson, TX, 75080 priced at $495,000 pairs $4,872/mo rent with $1,352/mo cash flow after a $2,423/mo payment. Total monthly income equals $4,872/mo, and annual cash flow comes to $16,221/yr on $164,093 invested. Return on cash invested is 29.79% in year one, and rental yield stands at 11.81% on a $495,000 basis. Equity gained on principal adds $3,194/yr, and 5% annual appreciation accumulates to $136,759 by year five. Five-year ROI measures 157.07% and total cumulative return in cash reaches $257,734. For financing, Ziffy Mortgage’s DSCR program evaluates $4,872/mo property income against a $2,423/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
7,492 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: Dan Washburn • Washburn Realty Group,LLC
Mls Name: NTREIS
Mls ID: #21049543