5613 Shady Elm CirPlanoTX75093
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
Rental property for sale in Plano at 5613 Shady Elm Cir, Plano, TX, 75093 generates $7,043/mo in rent, after a $9,275/mo payment. Total monthly income is $7,043/mo. Return on cash invested sits at 3.43% in year one, and rental yield is 4.46% on a $1,895,000 entry. Equity gained on principal adds $12,228/yr, while 5% annual appreciation builds toward $523,554 over five years. Five-year ROI reaches 17.22% and total cumulative return in cash sums $105,701. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,043/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.30 Acres lot
$N/A/sqft
$2,800 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cindy O'Gorman • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #20972826
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.