626 Nottingham DrRichardsonTX75080
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 626 Nottingham Dr, Richardson, TX, 75080 generates $3,011/mo in rent and, after a $2,031/mo payment, leaves $60/mo in cash flow. Total monthly income is $3,011/mo, and annual cash flow is $724/yr on $137,539 invested. Return on cash invested sits at 20.44% in year one, and rental yield is 8.71% on a $414,900 entry. Equity gained on principal adds $2,677/yr, while 5% annual appreciation builds toward $114,629 over five years. Five-year ROI reaches 106.88% and total cumulative return in cash sums $147,002. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,011/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katherine Allen • Keller Williams Realty-FM
Mls Name: NTREIS
Mls ID: #21132904