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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 631 Matthew Pl, Richardson, TX, 75081 offers $2,760/mo rent that, after a $2,296/mo payment. Total monthly income is $2,760/mo. Return on cash invested measures 12.69% in year one, and rental yield stands at 7.06% at a $469,000 entry. Equity gained on principal adds $3,026/yr while 5% annual appreciation compounds into $129,576 by year five. Five-year ROI records 66.35% and total cumulative return in cash reaches $103,159. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,760/mo property income versus a $2,296/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
1,873 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 |
|---|---|---|
| 2025-01-28 | Listing removed | $2,900 |
| 2025-01-17 | Listed for sale | $469,000 |
| 2024-12-05 | Price change | $2,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $4693.78 | 9.91% | $436,520 | 13.07% |
| 2023-02-12 | $4270.69 | -3.02% | $386,070 | N/A |
| 2022-02-12 | $4403.49 | 11.80% | $386,070 | 20.72% |
Listed by: Sean Arago • Redfin Corporation
Mls Name: NTREIS
Mls ID: #20813764
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.
