2308 Red Tailed Hawk LnMcKinneyTX75071
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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 2308 Red Tailed Hawk Ln, McKinney, TX, 75071 earns $731/mo cash flow from $5,833/mo rent with a $3,426/mo payment. Total monthly income totals $5,833/mo, and annual cash flow totals $8,767/yr on $230,267 capital. ROI tracks 23.87% on current figures, and rental yield reads 10% at a $699,900 purchase. Equity gained on principal adds $4,516/yr, and 5% annual appreciation supports $193,369 over five years. Five-year ROI reaches 125.49% and total cumulative return in cash sums $288,968. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,833/mo property income instead of your personal income.
Single Family
Built in 2024
7,492 sqft lot
$N/A/sqft
$1,500 annually 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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Listed by: Robert Moore • Perry Homes Realty LLC
Mls Name: NTREIS
Mls ID: #20526922
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.