702 S Waterview DrRichardsonTX75080
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
Rental property for sale in Richardson at 702 S Waterview Dr, Richardson, TX, 75080 priced at $404,400 pairs $3,709/mo rent with $834/mo cash flow after a $1,979/mo payment. Total monthly income equals $3,709/mo, and annual cash flow comes to $10,003/yr on $134,059 invested. Return on cash invested is 27.37% in year one, and rental yield stands at 11.01% on a $404,400 basis. Equity gained on principal adds $2,610/yr, and 5% annual appreciation accumulates to $111,728 by year five. Five-year ROI measures 144.07% and total cumulative return in cash reaches $193,133. For financing, Ziffy Mortgage’s DSCR program evaluates $3,709/mo property income against a $1,979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75080, Richardson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,565 (100%) |
| Owner Occupied HU | 10,167 (49.4%) |
| Renter Occupied HU | 9,187 (44.7%) |
| Vacant Housing Units | 1,211 ( 5.9%) |
| Median Home Value | $455,957 |
| Average Home Value | $521,179 |
Housing Distribution
Address Breakdown
Residential
20,990
Single Family
12,080
Multi-Family
8,910
Businesses
2,138
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A