1034 Terra Vista Dr, Allen, TX, 75013 | 5.76% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1034 Terra Vista Dr, Allen, TX, 75013 | 5.76% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Allen at 1034 Terra Vista Dr, Allen, TX, 75013 earns from $3,240/mo rent with a $3,303/mo payment. Total monthly income totals $3,240/mo. ROI tracks 11.63% on current figures, and rental yield reads 5.76% at a $674,900 purchase. Equity gained on principal adds $4,355/yr, and 5% annual appreciation supports $186,462 over five years. Five-year ROI reaches 59.65% and total cumulative return in cash sums $132,439. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,240/mo property income instead of your personal income.

Single Family

Built in 2023

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this premier 55+ active adult lifestyle community! HOA includes front yard maintenance!!! This open concept Trophy Signature home has plenty of natural light to highlight every detail in mind for discerning buyers, including 12-foot vaulted ceilings throughout. With three bedrooms and a study there is plenty of room to set up the home for your personal lifestyle. The primary bedroom is at the back of the home for maximum privacy. The study is also at the rear of the home so no distractions while working. The beautiful kitchen features a huge Quartz island with built in wine rack, and wine or beverage refrigerator; double ovens; large walk-in pantry, stainless appliances with gas cooktop and beautiful dining area overlooking the patio. the living room has a remote controlled electric fireplace for great ambiance on a romantic evening. Lovely hardwoods throughout common areas. Beautiful carpet in bedrooms and stunning ceramic tile in the baths. Low maintenance backyard with extended patio are and artificial turf in the rest of the yard. This home is energy efficient with foam insulation, tankless water heater, home automation package with video doorbell and energy efficient windows and appliances. Visit the community center with fitness center, pool, pickleball, fire pits and community events so you can feel right at home. The location is amazing so close to shopping and conveniences provided by easy access to both US 75 and SH 121.

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