303 Green Gables DrMcKinneyTX75071
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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 McKinney at 303 Green Gables Dr, McKinney, TX, 75071 priced at $354,990 converts $2,544/mo rent into $20/mo cash flow after a $1,738/mo obligation. Total monthly income equals $2,544/mo, and annual cash flow totals $241/yr on $117,679 invested. Return on cash invested prints 20.11% in year one, and rental yield reads 8.6% against a $354,990 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation compiles into $98,077 by year five. Five-year ROI reaches 105.18% and total cumulative return in cash sums $123,776. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,544/mo property income covering a $1,738/mo payment, not borrower’s personal income.
Single Family
Built in 2025
4,800 sqft lot
$N/A/sqft
No 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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