1 Cedar Elm CirAllenTX75002
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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 Allen at 1 Cedar Elm Cir, Allen, TX, 75002 uses $99,119 cash to close to unlock $2,091/yr annual cash flow and $174/mo monthly cash flow. Total monthly income runs $2,300/mo, and a $1,463/mo payment keeps the spread at $174/mo. Purchase price stands at $299,000, and rental yield measures 9.23% with $2,300/mo rent. Return on cash invested shows 22.02% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 115.4% and total cumulative return in cash records $114,382. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,300/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1985
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75002, Allen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,005 (100%) |
| Owner Occupied HU | 18,826 (75.3%) |
| Renter Occupied HU | 5,504 (22.0%) |
| Vacant Housing Units | 675 ( 2.7%) |
| Median Home Value | $491,377 |
| Average Home Value | $588,591 |
Housing Distribution
Address Breakdown
Residential
24,556
Single Family
21,935
Multi-Family
2,621
Businesses
797
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