1011 Cross Plains DrAllenTX75013
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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 1011 Cross Plains Dr, Allen, TX, 75013 generates $4,866/mo in rent, after a $3,793/mo payment. Total monthly income is $4,866/mo. Return on cash invested sits at 16.65% in year one, and rental yield is 7.54% on a $774,900 entry. Equity gained on principal adds $5,000/yr, while 5% annual appreciation builds toward $214,091 over five years. Five-year ROI reaches 86.69% and total cumulative return in cash sums $221,015. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,866/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
7,840 sqft lot
$N/A/sqft
$955 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: Michelle Jones • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20927048
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.