1928 Meandering WayMcKinneyTX75071
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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 McKinney at 1928 Meandering Way, McKinney, TX, 75071 offers a 10.3% rental yield on a $374,999 purchase with $3,220/mo rent. Total monthly income registers $3,220/mo, and a $1,835/mo payment leaves $554/mo available for distribution. Annual cash flow reaches $6,645/yr on $124,312 to close, and return on cash invested stands at 25.25% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,605 over five years. Portfolio math shows five-year ROI at 132.71% and total cumulative return in cash at $164,979. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,220/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75071, Mc Kinney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,375 (100%) |
| Owner Occupied HU | 23,340 (69.9%) |
| Renter Occupied HU | 7,244 (21.7%) |
| Vacant Housing Units | 2,791 ( 8.4%) |
| Median Home Value | $534,507 |
| Average Home Value | $574,790 |
Housing Distribution
Address Breakdown
Residential
28,991
Single Family
25,399
Multi-Family
3,592
Businesses
1,491
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