6624 Federal Hall StPlanoTX75023
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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 6624 Federal Hall St, Plano, TX, 75023 uses $110,224 cash to close to unlock $768/yr annual cash flow and $64/mo monthly cash flow. Total monthly income runs $2,584/mo, and a $1,627/mo payment keeps the spread at $64/mo. Purchase price stands at $332,500, and rental yield measures 9.33% with $2,584/mo rent. Return on cash invested shows 20.61% in year one, and 5% annual appreciation builds toward $91,864 over five years. Five-year ROI reaches 108.38% and total cumulative return in cash records $119,464. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,584/mo property income covering a $1,627/mo payment rather than investor’s personal income.
Single Family
Built in 2005
2,178 sqft lot
$N/A/sqft
$156 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75023, Plano, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
19,378
Single Family
13,876
Multi-Family
5,502
Businesses
942
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