5748 Kate AvePlanoTX75024
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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 Plano at 5748 Kate Ave, Plano, TX, 75024 generates $6,166/mo in rent and, after a $3,005/mo payment, leaves $1,600/mo in cash flow. Total monthly income is $6,166/mo, and annual cash flow is $19,200/yr on $202,006 invested. Return on cash invested sits at 29.56% in year one, and rental yield is 12.05% on a $614,000 entry. Equity gained on principal adds $3,962/yr, while 5% annual appreciation builds toward $169,637 over five years. Five-year ROI reaches 156.23% and total cumulative return in cash sums $315,591. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,166/mo property income rather than buyer’s personal income.
Townhouse
Built in 2012
1,132 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75024, Plano, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,733 (100%) |
| Owner Occupied HU | 7,880 (36.3%) |
| Renter Occupied HU | 12,658 (58.2%) |
| Vacant Housing Units | 1,195 ( 5.5%) |
| Median Home Value | $604,054 |
| Average Home Value | $662,916 |
Housing Distribution
Address Breakdown
Residential
21,294
Single Family
8,970
Multi-Family
12,324
Businesses
2,209
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Listed by: Vipul Raval • MAXWORTH REAL ESTATE GROUP LLC
Mls Name: NTREIS
Mls ID: #20601877
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.