5609 Norfolk LnFriscoTX75035
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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
Rental property for sale in Frisco at 5609 Norfolk Ln, Frisco, TX, 75035 priced at $714,880 converts $3,868/mo rent into after a $3,499/mo obligation. Total monthly income equals $3,868/mo. Return on cash invested prints 13.7% in year one, and rental yield reads 6.49% against a $714,880 entry. Equity gained on principal adds $4,613/yr, while 5% annual appreciation compiles into $197,508 by year five. Five-year ROI reaches 70.82% and total cumulative return in cash sums $166,567. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,868/mo property income covering a $3,499/mo payment, not borrower’s personal income.
Single Family
Built in 1999
7,840 sqft lot
$N/A/sqft
$180 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75035, Frisco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,487 (100%) |
| Owner Occupied HU | 23,532 (72.4%) |
| Renter Occupied HU | 7,610 (23.4%) |
| Vacant Housing Units | 1,345 ( 4.1%) |
| Median Home Value | $626,540 |
| Average Home Value | $657,700 |
Housing Distribution
Address Breakdown
Residential
31,415
Single Family
27,086
Multi-Family
4,329
Businesses
1,069
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Listed by: Amy Smolik • Power Team Texas Realty
Mls Name: NTREIS
Mls ID: #20760382
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.