809 Concan DrPlanoTX75075
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 Plano at 809 Concan Dr, Plano, TX, 75075 generates $3,240/mo in rent, after a $2,787/mo payment. Total monthly income is $3,240/mo. Return on cash invested sits at 14.11% in year one, and rental yield is 6.83% on a $569,500 entry. Equity gained on principal adds $3,675/yr, while 5% annual appreciation builds toward $157,342 over five years. Five-year ROI reaches 73.2% and total cumulative return in cash sums $137,148. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,240/mo property income rather than buyer’s personal income.
Townhouse
Built in 2024
1,655 sqft lot
$N/A/sqft
$360 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75075, Plano, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,547 (100%) |
| Owner Occupied HU | 9,347 (56.5%) |
| Renter Occupied HU | 6,459 (39.0%) |
| Vacant Housing Units | 741 ( 4.5%) |
| Median Home Value | $454,891 |
| Average Home Value | $508,822 |
Housing Distribution
Address Breakdown
Residential
16,362
Single Family
11,425
Multi-Family
4,937
Businesses
1,410
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: April Maki • Brightland Homes Brokerage, LLC
Mls Name: NTREIS
Mls ID: #20690088
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.