2312 Creek Ridge DrMcKinneyTX75072
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing2312 Creek Ridge Dr, McKinney, TX, 75072 in McKinney is a stable, well-positioned rental at $679,991. Rental yield 6.03%. DSCR 1.14 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $187,869 in value and $6,263/yr in principal paydown builds equity, a total projected return of $169,783.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 5.8% |
| Monthly Cash Flow | $(1,473) | $1,850 |
City averages based on McKinney market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,475 |
| Total Monthly Debt Service | $4,619 |
| DSCR Ratio | 0.75x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1998
0.27 Acres lot
$N/A/sqft
$650 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1998
0.27 Acres lot
$N/A/sqft
$650 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: J.R. Russell • Fathom Realty
Mls Name: NTREIS
Mls ID: #20895469
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