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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Plano at 6908 Pritchard Ln, Plano, TX, 75024 generates $8,112/mo in rent and, after a $4,253/mo payment, leaves $1,854/mo in cash flow. Total monthly income is $8,112/mo, and annual cash flow is $22,242/yr on $285,901 invested. Return on cash invested sits at 27.84% in year one, and rental yield is 11.2% on a $869,000 entry. Equity gained on principal adds $5,608/yr, while 5% annual appreciation builds toward $240,089 over five years. Five-year ROI reaches 146.68% and total cumulative return in cash sums $419,363. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,112/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
6,316 sqft lot
$N/A/sqft
$950 annually HOA
Neighborhood data shown for ZIP Code: 75024, Plano, TX area.
| 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 |
Residential
21,294
Single Family
8,970
Multi-Family
12,324
Businesses
2,209
Date | Event | Price |
|---|---|---|
| 2024-07-17 | Price change | $869,000 |
| 2024-05-23 | Listed for sale | $890,300 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $10621.92 | -2.26% | $804,944 | 7.72% |
| 2022-08-13 | $10867.92 | 23.21% | $747,274 | 30.61% |
| 2021-08-13 | $8820.88 | 5.58% | $572,121 | 7.67% |
Listed by: Minqi Li • 31 Realty, LLC
Mls Name: NTREIS
Mls ID: #20615168
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.
