1110 Roaring Springs DrAllenTX75002
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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 1110 Roaring Springs Dr, Allen, TX, 75002 priced at $333,333 converts $2,501/mo rent into $105/mo cash flow after a $1,632/mo obligation. Total monthly income equals $2,501/mo, and annual cash flow totals $1,263/yr on $110,500 invested. Return on cash invested prints 21.05% in year one, and rental yield reads 9% against a $333,333 entry. Equity gained on principal adds $2,151/yr, while 5% annual appreciation compiles into $92,094 by year five. Five-year ROI reaches 110.31% and total cumulative return in cash sums $121,897. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,501/mo property income covering a $1,632/mo payment, not borrower’s personal income.
Single Family
Built in 1981
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75002, Allen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,005 (100%) |
| Owner Occupied HU | 18,826 (75.3%) |
| Renter Occupied HU | 5,504 (22.0%) |
| Vacant Housing Units | 675 ( 2.7%) |
| Median Home Value | $491,377 |
| Average Home Value | $588,591 |
Housing Distribution
Address Breakdown
Residential
24,556
Single Family
21,935
Multi-Family
2,621
Businesses
797
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Listed by: Clairece Brown • WM Realty Tx LLC
Mls Name: NTREIS
Mls ID: #20629412
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.