6644 Josephine StPlanoTX75024
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6644 Josephine St, Plano, TX, 75024 listed at $1,600,000 pairs $5,028/mo rent with a $7,831/mo payment. Total monthly income runs $5,028/mo. Return on cash invested measures 4.34% in year one, and rental yield registers 3.77% at a $1,600,000 basis. Equity gained on principal adds $10,325/yr, and annual property appreciation at 5% supports $442,051 by year five. Five-year ROI tracks 20.98% and total cumulative return in cash totals $108,771. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,028/mo property income relative to a $7,831/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2015
7,056 sqft lot
$N/A/sqft
$6,900 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Buskuhl • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #20949048
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.