1051 Miller RdAllenTX75013
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Nearby investment properties with comparable prices
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 1051 Miller Rd, Allen, TX, 75013 listed at $1,086,800 pairs $4,012/mo rent with a $5,319/mo payment. Total monthly income runs $4,012/mo. Return on cash invested measures 7.47% in year one, and rental yield registers 4.43% at a $1,086,800 basis. Equity gained on principal adds $7,013/yr, and annual property appreciation at 5% supports $300,263 by year five. Five-year ROI tracks 37.34% and total cumulative return in cash totals $131,499. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,012/mo property income relative to a $5,319/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
6,621 sqft lot
$N/A/sqft
$844 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: Nazira Nurani • HomeSmart Stars
Mls Name: NTREIS
Mls ID: #20908814
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.