6504 Myrtle Beach DrPlanoTX75093
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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
Total monthly income runs $4,793/mo, and a $6,608/mo payment. Purchase price stands at $1,350,000, and rental yield measures 4.26% with $4,793/mo rent. Return on cash invested shows 7.18% in year one, and 5% annual appreciation builds toward $372,980 over five years. Five-year ROI reaches 35.73% and total cumulative return in cash records $156,269. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,793/mo property income covering a $6,608/mo payment rather than investor’s personal income.
Single Family
Built in 1988
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75093, Plano, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,428 (100%) |
| Owner Occupied HU | 11,939 (53.2%) |
| Renter Occupied HU | 9,019 (40.2%) |
| Vacant Housing Units | 1,470 ( 6.6%) |
| Median Home Value | $674,115 |
| Average Home Value | $758,268 |
Housing Distribution
Address Breakdown
Residential
20,695
Single Family
13,283
Multi-Family
7,412
Businesses
2,333
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