6537 Village Springs DrPlanoTX75024
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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 $6,656/mo, and a $6,652/mo payment. Purchase price stands at $1,359,000, and rental yield measures 5.88% with $6,656/mo rent. Return on cash invested shows 11.97% in year one, and 5% annual appreciation builds toward $375,467 over five years. Five-year ROI reaches 61.47% and total cumulative return in cash records $270,647. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,656/mo property income covering a $6,652/mo payment rather than investor’s personal income.
Single Family
Built in 2004
10,541 sqft lot
$N/A/sqft
$900 annually 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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Listed by: Sophia Polk • Sophia Polk Realty
Mls Name: NTREIS
Mls ID: #20794848
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