6904 Tabernacle 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
Rental property for sale in Plano at 6904 Tabernacle Dr, Plano, TX, 75024 generates $9,694/mo in rent and, after a $4,990/mo payment, leaves $2,365/mo in cash flow. Total monthly income is $9,694/mo, and annual cash flow is $28,380/yr on $330,305 invested. Return on cash invested sits at 28.96% in year one, and rental yield is 11.41% on a $1,019,460 entry. Equity gained on principal adds $6,578/yr, while 5% annual appreciation builds toward $281,658 over five years. Five-year ROI reaches 152.64% and total cumulative return in cash sums $504,185. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,694/mo property income rather than buyer’s personal income.
Single Family
Built in 2012
6,621 sqft lot
$N/A/sqft
$950 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: Venkatesh Thunga • R2 Realty LLC
Mls Name: NTREIS
Mls ID: #20673621
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.