6500 Lazy Oak LnPlanoTX75024
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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 6500 Lazy Oak Ln, Plano, TX, 75024 at $975,000 posts ROI 19.06% with from $6,667/mo rent. Total monthly income equals $6,667/mo. Return on cash invested measures 19.06% and rental yield reads 8.21% at the current $975,000. Equity gained on principal adds $6,292/yr, and 5% annual appreciation supports $269,375 by year five. Five-year ROI prints 99.49% and total cumulative return in cash totals $319,155. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,667/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2008
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75024, Plano, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,733 (100%) |
| Owner Occupied HU | 7,880 (36.3%) |
| Renter Occupied HU | 12,658 (58.2%) |
| Vacant Housing Units | 1,195 ( 5.5%) |
| Median Home Value | $604,054 |
| Average Home Value | $662,916 |
Housing Distribution
Address Breakdown
Residential
21,294
Single Family
8,970
Multi-Family
12,324
Businesses
2,209
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