6420 Teabridge DrPlanoTX75074
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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 Plano at 6420 Teabridge Dr, Plano, TX, 75074 uses $220,397 cash to close to unlock $14,825/yr annual cash flow and $1,235/mo monthly cash flow. Total monthly income runs $6,041/mo, and a $3,279/mo payment keeps the spread at $1,235/mo. Purchase price stands at $669,900, and rental yield measures 10.82% with $6,041/mo rent. Return on cash invested shows 26.79% in year one, and 5% annual appreciation builds toward $185,081 over five years. Five-year ROI reaches 141% and total cumulative return in cash records $310,749. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,041/mo property income covering a $3,279/mo payment rather than investor’s personal income.
Single Family
Built in 2016
6,054 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75074, Plano, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,431 (100%) |
| Owner Occupied HU | 10,270 (47.9%) |
| Renter Occupied HU | 9,864 (46.0%) |
| Vacant Housing Units | 1,297 ( 6.1%) |
| Median Home Value | $403,504 |
| Average Home Value | $454,485 |
Housing Distribution
Address Breakdown
Residential
20,975
Single Family
12,891
Multi-Family
8,084
Businesses
2,380
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Listed by: Kiran Shah • REKonnection, LLC
Mls Name: NTREIS
Mls ID: #20659370
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.