5921 Colby DrPlanoTX75094
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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 5921 Colby Dr, Plano, TX, 75094 with 5% annual appreciation on a $540,000 basis while $5,402/mo rent supports operations. Total monthly income totals $5,402/mo and a $2,643/mo payment preserves $1,540/mo for cash returns. Annual cash flow comes to $18,478/yr on $177,660 deployed, and return on cash invested reaches 30.46% in year one. Equity gained on principal adds $3,485/yr, and five-year appreciation sums $149,192 alongside rental yield of 12%. Five-year ROI measures 160.66% and total cumulative return in cash totals $285,434.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,402/mo property income versus a $2,643/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2001
7,405 sqft lot
$N/A/sqft
$266 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75094, Plano, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,708 (100%) |
| Owner Occupied HU | 6,172 (92.0%) |
| Renter Occupied HU | 458 ( 6.8%) |
| Vacant Housing Units | 78 ( 1.2%) |
| Median Home Value | $550,078 |
| Average Home Value | $601,717 |
Housing Distribution
Address Breakdown
Residential
7,028
Single Family
6,872
Multi-Family
156
Businesses
619
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Listed by: Mihatta Konjan • GO Real Estate
Mls Name: NTREIS
Mls ID: #20875667
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.