1802 West StMcKinneyTX75069
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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 1802 West St, McKinney, TX, 75069 priced at $283,000 pairs $2,166/mo rent with $54/mo cash flow after a $1,385/mo payment. Total monthly income equals $2,166/mo, and annual cash flow comes to $644/yr on $93,815 invested. Return on cash invested is 20.6% in year one, and rental yield stands at 9.18% on a $283,000 basis. Equity gained on principal adds $1,826/yr, and 5% annual appreciation accumulates to $78,188 by year five. Five-year ROI measures 108.2% and total cumulative return in cash reaches $101,511. For financing, Ziffy Mortgage’s DSCR program evaluates $2,166/mo property income against a $1,385/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75069, Mc Kinney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,709 (100%) |
| Owner Occupied HU | 8,440 (50.5%) |
| Renter Occupied HU | 7,288 (43.6%) |
| Vacant Housing Units | 981 ( 5.9%) |
| Median Home Value | $524,549 |
| Average Home Value | $611,054 |
Housing Distribution
Address Breakdown
Residential
17,059
Single Family
10,583
Multi-Family
6,476
Businesses
1,583
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Listed by: Kenneth Pilkenton • Pilkenton Real Estate, Inc.
Mls Name: NTREIS
Mls ID: #20748330
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.