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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% |
Investment property for sale in Plano at 6505 Chalk Ct, Plano, TX, 75023 at $345,000 posts ROI 21.68% with $169/mo cash flow from $2,624/mo rent. Total monthly income equals $2,624/mo, and annual cash flow records $2,022/yr on $114,368 to close. Return on cash invested measures 21.68% and rental yield reads 9.13% at the current $345,000. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,317 by year five. Five-year ROI prints 113.55% and total cumulative return in cash totals $129,868.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,624/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75023, Plano, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,629 (100%) |
| Owner Occupied HU | 11,275 (60.5%) |
| Renter Occupied HU | 6,669 (35.8%) |
| Vacant Housing Units | 685 ( 3.7%) |
| Median Home Value | $435,719 |
| Average Home Value | $478,957 |
Residential
19,378
Single Family
13,876
Multi-Family
5,502
Businesses
942
Date | Event | Price |
|---|---|---|
| 2025-01-22 | Price change | $345,000 |
| 2025-01-08 | Price change | $349,000 |
| 2024-12-09 | Price change | $360,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $5748.09 | 1.22% | $340,000 | -1.54% |
| 2023-02-12 | $5678.58 | 5.37% | $345,310 | 23.33% |
| 2022-02-12 | $5389.06 | 27.26% | $280,000 | 33.33% |
Listed by: William Wiard • Shop Real Estate Co
Mls Name: NTREIS
Mls ID: #20725654
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.
