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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Plano at 924 Concan Dr, Plano, TX, 75075 priced at $626,039 converts $3,240/mo rent into after a $3,064/mo obligation. Total monthly income equals $3,240/mo. Return on cash invested prints 12.06% in year one, and rental yield reads 6.21% against a $626,039 entry. Equity gained on principal adds $4,040/yr, while 5% annual appreciation compiles into $172,963 by year five. Five-year ROI reaches 62.27% and total cumulative return in cash sums $128,259. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,240/mo property income covering a $3,064/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
$1,940 annually HOA
Neighborhood data shown for ZIP Code: 75075, Plano, TX area.
| 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 |
Residential
16,362
Single Family
11,425
Multi-Family
4,937
Businesses
1,410
Date | Event | Price |
|---|---|---|
| 2024-09-24 | Listed for sale | $626,039 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $3767.56 | N/A | $109,200 | N/A |
Listed by: Karla Davis • Pinnacle Realty Advisors
Mls Name: NTREIS
Mls ID: #20752606
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.
