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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 510 S Waterview Dr, Richardson, TX, 75080 listed at $544,900 pairs $4,020/mo rent with a $2,667/mo payment to leave $145/mo cash flow. Total monthly income runs $4,020/mo, and annual cash flow reaches $1,742/yr on $179,272 cash to close. Return on cash invested measures 21.03% in year one, and rental yield registers 8.85% at a $544,900 basis. Equity gained on principal adds $3,516/yr, and annual property appreciation at 5% supports $150,546 by year five. Five-year ROI tracks 110.07% and total cumulative return in cash totals $197,321. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,020/mo property income relative to a $2,667/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1963
9,365 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75080, Richardson, TX area.
| 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 |
Residential
20,990
Single Family
12,080
Multi-Family
8,910
Businesses
2,138
Date | Event | Price |
|---|---|---|
| 2024-11-07 | Price change | $544,900 |
| 2024-10-02 | Price change | $549,900 |
| 2024-09-30 | Listed for sale | $559,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $5028.05 | 6.86% | $571,650 | N/A |
| 2023-12-27 | $4705.41 | 7.05% | $571,650 | 11.98% |
| 2022-12-27 | $4395.71 | 1.70% | $510,480 | 30.90% |
Listed by: Trina West • Local Pro Realty LLC
Mls Name: NTREIS
Mls ID: #20641675
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.
