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Updated 4 Bed Pool Home in Plano ISD Next to UT Dallas with Great STR Potential with No HOA

400 Ridgewood Dr, Richardson
ROI
26.87% IRR
Strategy
Short Term Rental
Updated 4 bed pool home in Plano ISD next to UT Dallas. Great STR potential with no HOA. 2,166 sq ft 4 bed, 2 bath single story built in 1968. Private courtyard entrance with a firepit, turnkey condition interior with modern finishes, stainless appliances, and an open layout with tall ceilings. Front exterior needs touching up.

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Updated 4 Bed Pool Home in Plano ISD Next to UT Dallas with Great STR Potential with No HOA

Listed 05/16/2023

400 Ridgewood Dr, Richardson

Purchase Price:$565,000

Cash Outlay:$167,550

Cashflow:$2,343/mo

Cap Rate:10.48%

IRR:26.87%

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