900 Weatherred #900-ERichardsonTX75080
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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
Investment property for sale in Richardson at 900 Weatherred #900-E, Richardson, TX, 75080 uses $56,753 cash to close to unlock $8,382/yr annual cash flow and $699/mo monthly cash flow. Total monthly income runs $2,306/mo, and a $838/mo payment keeps the spread at $699/mo. Purchase price stands at $171,200, and rental yield measures 16.16% with $2,306/mo rent. Return on cash invested shows 34.68% in year one, and 5% annual appreciation builds toward $47,299 over five years. Five-year ROI reaches 186.28% and total cumulative return in cash records $105,722. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,306/mo property income covering a $838/mo payment rather than investor’s personal income.
Condo
Built in 1967
2.33 Acres lot
$N/A/sqft
$390 monthly 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: Randall Cass • Redfin Corporation
Mls Name: NTREIS
Mls ID: #20707679
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.