4628 Putnam DrPlanoTX75024
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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 4628 Putnam Dr, Plano, TX, 75024 with 5% annual appreciation on a $570,000 basis while $4,295/mo rent supports operations. Total monthly income totals $4,295/mo and a $2,790/mo payment preserves $167/mo for cash returns. Annual cash flow comes to $2,006/yr on $187,530 deployed, and return on cash invested reaches 21.13% in year one. Equity gained on principal adds $3,678/yr, and five-year appreciation sums $157,480 alongside rental yield of 9.04%. Five-year ROI measures 110.77% and total cumulative return in cash totals $207,721.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,295/mo property income versus a $2,790/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1992
7,405 sqft lot
$N/A/sqft
$345 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75024, Plano, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,733 (100%) |
| Owner Occupied HU | 7,880 (36.3%) |
| Renter Occupied HU | 12,658 (58.2%) |
| Vacant Housing Units | 1,195 ( 5.5%) |
| Median Home Value | $604,054 |
| Average Home Value | $662,916 |
Housing Distribution
Address Breakdown
Residential
21,294
Single Family
8,970
Multi-Family
12,324
Businesses
2,209
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Listed by: Brian Sindell • eXp Realty, LLC
Mls Name: NTREIS
Mls ID: #21061311
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.