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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% |
Investment property for sale in Richardson at 508 Goodwin Dr, Richardson, TX, 75081 earns $588/mo cash flow from $4,534/mo rent with a $2,716/mo payment. Total monthly income totals $4,534/mo, and annual cash flow totals $7,053/yr on $182,595 capital. ROI tracks 23.92% on current figures, and rental yield reads 9.8% at a $555,000 purchase. Equity gained on principal adds $3,581/yr, and 5% annual appreciation supports $153,336 over five years. Five-year ROI reaches 125.55% and total cumulative return in cash sums $229,256. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,534/mo property income instead of your personal income.
Single Family
Built in 1976
9,365 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75081, Richardson, TX area.
| 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 |
Residential
15,596
Single Family
10,146
Multi-Family
5,450
Businesses
2,458
Date | Event | Price |
|---|---|---|
| 2025-04-24 | Listed for sale | $555,000 |
| 2019-07-16 | Sold | N/A |
| 2019-04-28 | Listed for sale | $395,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-25 | $2650.85 | 6.09% | $516,980 | 3.29% |
| 2023-04-25 | $2498.65 | -0.48% | $500,500 | N/A |
| 2022-04-25 | $2510.63 | 2.94% | $500,500 | 31.68% |
Listed by: Jeana Vasquez • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #20878052
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.
