1007 Biscayne CtAllenTX75013
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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 Allen at 1007 Biscayne Ct, Allen, TX, 75013 offers $4,986/mo rent that, after a $4,013/mo payment. Total monthly income is $4,986/mo. Return on cash invested measures 16.02% in year one, and rental yield stands at 7.3% at a $820,000 entry. Equity gained on principal adds $5,291/yr while 5% annual appreciation compounds into $226,551 by year five. Five-year ROI records 83.28% and total cumulative return in cash reaches $224,663. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,986/mo property income versus a $4,013/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.25 Acres lot
$N/A/sqft
$385 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75013, Allen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,738 (100%) |
| Owner Occupied HU | 12,605 (58.0%) |
| Renter Occupied HU | 7,807 (35.9%) |
| Vacant Housing Units | 1,326 ( 6.1%) |
| Median Home Value | $657,310 |
| Average Home Value | $697,117 |
Housing Distribution
Address Breakdown
Residential
20,972
Single Family
13,971
Multi-Family
7,001
Businesses
2,119
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Listed by: Pearce Andrews • EXP REALTY
Mls Name: NTREIS
Mls ID: #20752019
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.