207 Dumont CtFairviewTX75069
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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 Fairview at 207 Dumont Ct, Fairview, TX, 75069 priced at $1,549,000 converts $5,060/mo rent into after a $7,582/mo obligation. Total monthly income equals $5,060/mo. Return on cash invested prints 5.99% in year one, and rental yield reads 3.92% against a $1,549,000 entry. Equity gained on principal adds $9,995/yr, while 5% annual appreciation compiles into $427,960 by year five. Five-year ROI reaches 29.41% and total cumulative return in cash sums $147,599. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,060/mo property income covering a $7,582/mo payment, not borrower’s personal income.
Single Family
Built in 2005
2.12 Acres lot
$N/A/sqft
$685 annually 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: Melissa Williamson • Keller Williams Realty Allen
Mls Name: NTREIS
Mls ID: #21023575
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.