1108 Lake Point CirMcKinneyTX75072
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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
Total monthly income runs $3,974/mo, and a $3,793/mo payment. Purchase price stands at $774,990, and rental yield measures 6.15% with $3,974/mo rent. Return on cash invested shows 11.82% in year one, and 5% annual appreciation builds toward $214,115 over five years. Five-year ROI reaches 61% and total cumulative return in cash records $155,535. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,974/mo property income covering a $3,793/mo payment rather than investor’s personal income.
Single Family
Built in 1997
5,662 sqft lot
$N/A/sqft
$2,577 annually HOA
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Nearby investment properties with comparable prices
Listed by: Cody Robinson • Robinson Team Real Estate, LLC
Mls Name: NTREIS
Mls ID: #20855759
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