800 E 15th St UNIT 301PlanoTX75074
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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 800 E 15th St UNIT 301, Plano, TX, 75074 generates $2,178/mo in rent, after a $1,713/mo payment. Total monthly income is $2,178/mo. Return on cash invested sits at 11.03% in year one, and rental yield is 7.47% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 58.49% and total cumulative return in cash sums $67,842. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,178/mo property income rather than buyer’s personal income.
Condo
Built in 2005
1,655 sqft lot
$N/A/sqft
$548 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75074, Plano, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,431 (100%) |
| Owner Occupied HU | 10,270 (47.9%) |
| Renter Occupied HU | 9,864 (46.0%) |
| Vacant Housing Units | 1,297 ( 6.1%) |
| Median Home Value | $403,504 |
| Average Home Value | $454,485 |
Housing Distribution
Address Breakdown
Residential
20,975
Single Family
12,891
Multi-Family
8,084
Businesses
2,380
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Listed by: Amy Martin • RE/MAX Four Corners
Mls Name: NTREIS
Mls ID: #20968422
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.