505 Copper Ridge DrRichardsonTX75080
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 505 Copper Ridge Dr, Richardson, TX, 75080 with 5% annual appreciation on a $619,900 basis while $3,836/mo rent supports operations. 69% in year one. Equity gained on principal adds $4,000/yr, and five-year appreciation sums $171,267 alongside rental yield of 7.43%. Five-year ROI measures 86.78% and total cumulative return in cash totals $176,984. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,836/mo property income versus a $3,034/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
0.28 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vincent Dvorin • CLAY STAPP + CO
Mls Name: NTREIS
Mls ID: #21023439