606 Stillmeadow DrRichardsonTX75081
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 Richardson at 606 Stillmeadow Dr, Richardson, TX, 75081 offers $4,363/mo rent that, after a $2,442/mo payment, leaves $815/mo cash flow. Total monthly income is $4,363/mo, and annual cash flow is $9,779/yr on $165,419 cash. Return on cash invested measures 25.82% in year one, and rental yield stands at 10.49% at a $499,000 entry. Equity gained on principal adds $3,220/yr while 5% annual appreciation compounds into $137,865 by year five. Five-year ROI records 135.75% and total cumulative return in cash reaches $224,550. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,363/mo property income versus a $2,442/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75081, Richardson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,782 (100%) |
| Owner Occupied HU | 7,816 (49.5%) |
| Renter Occupied HU | 6,690 (42.4%) |
| Vacant Housing Units | 1,276 ( 8.1%) |
| Median Home Value | $359,679 |
| Average Home Value | $382,812 |
Housing Distribution
Address Breakdown
Residential
15,596
Single Family
10,146
Multi-Family
5,450
Businesses
2,458
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christina Arellano • Mark Spain Real Estate
Mls Name: NTREIS
Mls ID: #21112385