1216 Dripping Springs LnMcKinneyTX75072
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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 McKinney at 1216 Dripping Springs Ln, McKinney, TX, 75072 priced at $530,000 pairs $3,288/mo rent with after a $2,594/mo payment. Total monthly income equals $3,288/mo. Return on cash invested is 16.35% in year one, and rental yield stands at 7.44% on a $530,000 basis. Equity gained on principal adds $3,420/yr, and 5% annual appreciation accumulates to $146,429 by year five. Five-year ROI measures 85.08% and total cumulative return in cash reaches $148,351. For financing, Ziffy Mortgage’s DSCR program evaluates $3,288/mo property income against a $2,594/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2009
9,234 sqft lot
$N/A/sqft
$350 semi-annually HOA
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Listed by: Stephanie Casco • Reside Real Estate LLC
Mls Name: NTREIS
Mls ID: #20895486
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.