6769 Reims CtFriscoTX75034
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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
Rental property for sale in Frisco at 6769 Reims Ct, Frisco, TX, 75034 priced at $1,650,000 converts $7,454/mo rent into after a $8,076/mo obligation. Total monthly income equals $7,454/mo. Return on cash invested prints 10.52% in year one, and rental yield reads 5.42% against a $1,650,000 entry. Equity gained on principal adds $10,647/yr, while 5% annual appreciation compiles into $455,865 by year five. Five-year ROI reaches 53.71% and total cumulative return in cash sums $287,117. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,454/mo property income covering a $8,076/mo payment, not borrower’s personal income.
Single Family
Built in 2010
0.26 Acres lot
$N/A/sqft
$330 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75034, Frisco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,641 (100%) |
| Owner Occupied HU | 9,511 (34.4%) |
| Renter Occupied HU | 15,308 (55.4%) |
| Vacant Housing Units | 2,822 (10.2%) |
| Median Home Value | $711,320 |
| Average Home Value | $808,546 |
Housing Distribution
Address Breakdown
Residential
25,604
Single Family
10,909
Multi-Family
14,695
Businesses
3,405
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Listed by: Denise Cook • EXP REALTY
Mls Name: NTREIS
Mls ID: #20670268
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.