1217 Waterford WayAllenTX75013
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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 1217 Waterford Way, Allen, TX, 75013 offers $2,651/mo rent that, after a $3,483/mo payment. Total monthly income is $2,651/mo. Return on cash invested measures 7.54% in year one, and rental yield stands at 4.47% at a $711,600 entry. Equity gained on principal adds $4,592/yr while 5% annual appreciation compounds into $196,602 by year five. Five-year ROI records 37.77% and total cumulative return in cash reaches $88,426. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,651/mo property income versus a $3,483/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
N/A lot
$N/A/sqft
$33 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75013, Allen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,738 (100%) |
| Owner Occupied HU | 12,605 (58.0%) |
| Renter Occupied HU | 7,807 (35.9%) |
| Vacant Housing Units | 1,326 ( 6.1%) |
| Median Home Value | $657,310 |
| Average Home Value | $697,117 |
Housing Distribution
Address Breakdown
Residential
20,972
Single Family
13,971
Multi-Family
7,001
Businesses
2,119
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