1619 Southwestern DrAllenTX75013
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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
Investment property for sale in Allen at 1619 Southwestern Dr, Allen, TX, 75013 uses $125,639 cash to close to unlock $4,835/yr annual cash flow and $403/mo monthly cash flow. Total monthly income runs $3,098/mo, and a $1,855/mo payment keeps the spread at $403/mo. Purchase price stands at $379,000, and rental yield measures 9.81% with $3,098/mo rent. Return on cash invested shows 23.76% in year one, and 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 124.68% and total cumulative return in cash records $156,647. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,098/mo property income covering a $1,855/mo payment rather than investor’s personal income.
Townhouse
Built in 2009
2,178 sqft lot
$N/A/sqft
No 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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