5108 Forest Grove LnPlanoTX75093
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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 5108 Forest Grove Ln, Plano, TX, 75093 offers a 4.11% rental yield on a $1,685,000 purchase with $5,771/mo rent. 32% in year one. Equity gained on principal adds $10,873/yr while 5% annual appreciation supports $465,534 over five years. Portfolio math shows five-year ROI at 31.24% and total cumulative return in cash at $170,534. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,771/mo property income against a $8,247/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
0.37 Acres lot
$N/A/sqft
$2,184 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75093, Plano, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,428 (100%) |
| Owner Occupied HU | 11,939 (53.2%) |
| Renter Occupied HU | 9,019 (40.2%) |
| Vacant Housing Units | 1,470 ( 6.6%) |
| Median Home Value | $674,115 |
| Average Home Value | $758,268 |
Housing Distribution
Address Breakdown
Residential
20,695
Single Family
13,283
Multi-Family
7,412
Businesses
2,333
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Listed by: Sharon Ketko • Sharon Ketko Realty
Mls Name: NTREIS
Mls ID: #21020779
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.