608 Gray Stone LnRichardsonTX75081
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
Investment property for sale in Richardson at 608 Gray Stone Ln, Richardson, TX, 75081 at $350,000 posts ROI 22.65% with $265/mo cash flow from $2,754/mo rent. Total monthly income equals $2,754/mo, and annual cash flow records $3,182/yr on $116,025 to close. Return on cash invested measures 22.65% and rental yield reads 9.44% at the current $350,000. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 by year five. Five-year ROI prints 118.78% and total cumulative return in cash totals $137,810.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,754/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2006
2,178 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
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Listed by: Lingqian Zhuo • Sunet Group
Mls Name: NTREIS
Mls ID: #21088454