501 Towne House Ln, Richardson, TX, 75081 | $606/mo Cash Flow

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501 Towne House Ln, Richardson, TX, 75081 | $606/mo Cash Flow | Ziffy

For Sale

Listed for sale today

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Richardson at 501 Towne House Ln, Richardson, TX, 75081 listed at $265,000 pairs $2,490/mo rent with a $1,297/mo payment to leave $606/mo cash flow. Total monthly income runs $2,490/mo, and annual cash flow reaches $7,267/yr on $87,848 cash to close. Return on cash invested measures 28.18% in year one, and rental yield registers 11.28% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 148.42% and total cumulative return in cash totals $130,383. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,490/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1979

2,744 sqft lot

$N/A/sqft

No HOA

More details about the property

Updated townhome delivering comfort and convenience in one stylish package. This home features three generously sized bedrooms upstairs, including a primary suite with a versatile bonus room perfect as a home office, den, or nursery. The second bedroom also offers a bonus area for added flexibility. A bright living room anchors the home, highlighting a cozy fireplace and a wet bar. Walk-in closets in every bedroom, dual sinks in both upstairs bathrooms, and a convenient half-bath on the main floor enhance daily living. Step outside to your own private courtyard, an ideal retreat for relaxation or outdoor enjoyment. An attached two-car garage adds practical storage and parking. Located just five minutes from Richardson Core Center, youll enjoy easy access to local dining and shopping, all while savoring a fascinating blend of future convenience and a touch of the past.

Neighborhood Data

Neighborhood data shown for ZIP Code: 75081, Richardson, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,782 (100%)
Owner Occupied HU	7,816 (49.5%)
Renter Occupied HU	6,690 (42.4%)
Vacant Housing Units	1,276 ( 8.1%)
Median Home Value	$359,679
Average Home Value	$382,812