11005 Big Spring TrlMcKinneyTX75071
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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 McKinney at 11005 Big Spring Trl, McKinney, TX, 75071 uses $167,461 cash to close to unlock $11,471/yr annual cash flow and $956/mo monthly cash flow. Total monthly income runs $4,632/mo, and a $2,491/mo payment keeps the spread at $956/mo. Purchase price stands at $509,000, and rental yield measures 10.92% with $4,632/mo rent. Return on cash invested shows 26.91% in year one, and 5% annual appreciation builds toward $140,627 over five years. Five-year ROI reaches 141.71% and total cumulative return in cash records $237,313. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,632/mo property income covering a $2,491/mo payment rather than investor’s personal income.
Single Family
Built in 2019
5,558 sqft lot
$N/A/sqft
$341 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75071, Mc Kinney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,375 (100%) |
| Owner Occupied HU | 23,340 (69.9%) |
| Renter Occupied HU | 7,244 (21.7%) |
| Vacant Housing Units | 2,791 ( 8.4%) |
| Median Home Value | $534,507 |
| Average Home Value | $574,790 |
Housing Distribution
Address Breakdown
Residential
28,991
Single Family
25,399
Multi-Family
3,592
Businesses
1,491
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Listed by: Amelia Chen • 31 Realty, LLC
Mls Name: NTREIS
Mls ID: #20698455
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.