2500 Redbridge 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
Total monthly income runs $4,225/mo, and a $4,062/mo payment. Purchase price stands at $830,000, and rental yield measures 6.11% with $4,225/mo rent. Return on cash invested shows 12.4% in year one, and 5% annual appreciation builds toward $229,314 over five years. Five-year ROI reaches 63.86% and total cumulative return in cash records $174,378. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,225/mo property income covering a $4,062/mo payment rather than investor’s personal income.
Single Family
Built in 2020
9,234 sqft lot
$N/A/sqft
$67 monthly 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: Zac Howell • Keller Williams Prosper Celina
Mls Name: NTREIS
Mls ID: #20891987
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