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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Allen at 1623 Roma Ln, Allen, TX, 75013 generates $3,240/mo in rent, after a $2,765/mo payment. Total monthly income is $3,240/mo. Return on cash invested sits at 15.04% in year one, and rental yield is 6.88% on a $565,000 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 77.93% and total cumulative return in cash sums $144,855. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,240/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75013, Allen, TX area.
| 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 |
Residential
20,972
Single Family
13,971
Multi-Family
7,001
Businesses
2,119
Date | Event | Price |
|---|---|---|
| 2025-01-24 | Listed for sale | $565,000 |
| 2012-10-15 | Sold | N/A |
| 2012-09-01 | Price change | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $6182.20 | 11.04% | $423,831 | 10.00% |
| 2023-02-12 | $5567.39 | -12.79% | $385,301 | 10.00% |
| 2022-02-12 | $6383.86 | -0.06% | $350,274 | 10.00% |
Listed by: Susan Ross • Best Home Realty
Mls Name: NTREIS
Mls ID: #20796005
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.
