606 Devonshire DrRichardsonTX75080
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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 Richardson at 606 Devonshire Dr, Richardson, TX, 75080 earns $217/mo cash flow from $3,044/mo rent with a $1,946/mo payment. Total monthly income totals $3,044/mo, and annual cash flow totals $2,602/yr on $131,771 capital. ROI tracks 21.88% on current figures, and rental yield reads 9.19% at a $397,500 purchase. Equity gained on principal adds $2,565/yr, and 5% annual appreciation supports $109,822 over five years. Five-year ROI reaches 114.64% and total cumulative return in cash sums $151,067. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,044/mo property income instead of your personal income.
Single Family
Built in 1955
8,624 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75080, Richardson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,565 (100%) |
| Owner Occupied HU | 10,167 (49.4%) |
| Renter Occupied HU | 9,187 (44.7%) |
| Vacant Housing Units | 1,211 ( 5.9%) |
| Median Home Value | $455,957 |
| Average Home Value | $521,179 |
Housing Distribution
Address Breakdown
Residential
20,990
Single Family
12,080
Multi-Family
8,910
Businesses
2,138
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Listed by: Eddie Dupuis • Dallas Cool Properties
Mls Name: NTREIS
Mls ID: #21068592