8752 Manhattan AvePlanoTX75024
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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 8752 Manhattan Ave, Plano, TX, 75024 offers $2,954/mo rent that, after a $2,080/mo payment. Total monthly income is $2,954/mo. Return on cash invested measures 16.77% in year one, and rental yield stands at 8.34% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 88.15% and total cumulative return in cash reaches $124,193. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,954/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2006
3,049 sqft lot
$N/A/sqft
$300 monthly 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: Kelli Burke • Orchard Brokerage, LLC
Mls Name: NTREIS
Mls ID: #20921868
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.