11504 Zoe LnMcKinneyTX75071
Nearby investment properties with comparable rents
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 McKinney at 11504 Zoe Ln, McKinney, TX, 75071 uses $142,843 cash to close to unlock $2,890/yr annual cash flow and $241/mo monthly cash flow. Total monthly income runs $3,305/mo, and a $2,109/mo payment keeps the spread at $241/mo. Purchase price stands at $430,900, and rental yield measures 9.2% with $3,305/mo rent. Return on cash invested shows 21.93% in year one, and 5% annual appreciation builds toward $119,050 over five years. Five-year ROI reaches 114.9% and total cumulative return in cash records $164,121. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,305/mo property income covering a $2,109/mo payment rather than investor’s personal income.
Single Family
Built in 2014
5,532 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices