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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Richardson at 626 Alexandra Ave, Richardson, TX, 75081 offers $2,760/mo rent that, after a $1,860/mo payment. Total monthly income is $2,760/mo. Return on cash invested measures 17.03% in year one, and rental yield stands at 8.72% at a $380,000 entry. Equity gained on principal adds $2,452/yr while 5% annual appreciation compounds into $104,987 by year five. Five-year ROI records 89.86% and total cumulative return in cash reaches $113,197. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,760/mo property income versus a $1,860/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
1,742 sqft lot
$N/A/sqft
$360 monthly HOA
Neighborhood data shown for ZIP Code: 75081, Richardson, TX area.
| 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 |
Residential
15,596
Single Family
10,146
Multi-Family
5,450
Businesses
2,458
Date | Event | Price |
|---|---|---|
| 2025-04-04 | Listed for sale | $380,000 |
| 2021-03-30 | Sold | N/A |
| 2021-03-08 | Pending sale | $327,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-04 | $3832.59 | 8.27% | $395,660 | 23.64% |
| 2023-04-04 | $3539.83 | -3.02% | $320,000 | N/A |
| 2022-04-04 | $3649.90 | 12.38% | $320,000 | 9.20% |
Listed by: Lingqian Zhuo • Sunet Group
Mls Name: NTREIS
Mls ID: #20893092
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.
