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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 Plano at 4308 High Mesa Dr, Plano, TX, 75093 priced at $700,000 converts $4,729/mo rent into after a $3,426/mo obligation. Total monthly income equals $4,729/mo. Return on cash invested prints 18.66% in year one, and rental yield reads 8.11% against a $700,000 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation compiles into $193,397 by year five. Five-year ROI reaches 97.36% and total cumulative return in cash sums $224,212. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,729/mo property income covering a $3,426/mo payment, not borrower’s personal income.
Single Family
Built in 1996
0.26 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood data shown for ZIP Code: 75093, Plano, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,428 (100%) |
| Owner Occupied HU | 11,939 (53.2%) |
| Renter Occupied HU | 9,019 (40.2%) |
| Vacant Housing Units | 1,470 ( 6.6%) |
| Median Home Value | $674,115 |
| Average Home Value | $758,268 |
Residential
20,695
Single Family
13,283
Multi-Family
7,412
Businesses
2,333
Date | Event | Price |
|---|---|---|
| 2025-02-08 | Listed for sale | $700,000 |
| 2004-09-10 | Sold | N/A |
| 2004-04-19 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $8841.86 | 9.88% | $628,437 | 10.00% |
| 2023-02-12 | $8046.68 | -9.43% | $571,306 | 10.00% |
| 2022-02-12 | $8884.21 | 1.82% | $519,369 | 10.00% |
Listed by: Christie Cannon • Keller Williams Frisco Stars
Mls Name: NTREIS
Mls ID: #20838522
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.
