2411 Hogans HlMcKinneyTX75072
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
Investment Highlights
Rental property for sale in McKinney at 2411 Hogans Hl, McKinney, TX, 75072 priced at $839,900 converts $4,440/mo rent into after a $4,111/mo obligation. Total monthly income equals $4,440/mo. Return on cash invested prints 13.26% in year one, and rental yield reads 6.34% against a $839,900 entry. Equity gained on principal adds $5,420/yr, while 5% annual appreciation compiles into $232,049 by year five. Five-year ROI reaches 68.43% and total cumulative return in cash sums $189,103. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,440/mo property income covering a $4,111/mo payment, not borrower’s personal income.
Single Family
Built in 1982
0.33 Acres lot
$N/A/sqft
$395 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angelia Ekholm • Agency Dallas Park Cities, LLC
Mls Name: NTREIS
Mls ID: #20916464
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.