310 Fairfax DrAllenTX75013
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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 Allen at 310 Fairfax Dr, Allen, TX, 75013 priced at $614,900 pairs $4,738/mo rent with $365/mo cash flow after a $3,010/mo payment. Total monthly income equals $4,738/mo, and annual cash flow comes to $4,380/yr on $202,302 invested. Return on cash invested is 22.23% in year one, and rental yield stands at 9.25% on a $614,900 basis. Equity gained on principal adds $3,968/yr, and 5% annual appreciation accumulates to $169,886 by year five. Five-year ROI measures 116.44% and total cumulative return in cash reaches $235,558. For financing, Ziffy Mortgage’s DSCR program evaluates $4,738/mo property income against a $3,010/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1994
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75013, Allen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,738 (100%) |
| Owner Occupied HU | 12,605 (58.0%) |
| Renter Occupied HU | 7,807 (35.9%) |
| Vacant Housing Units | 1,326 ( 6.1%) |
| Median Home Value | $657,310 |
| Average Home Value | $697,117 |
Housing Distribution
Address Breakdown
Residential
20,972
Single Family
13,971
Multi-Family
7,001
Businesses
2,119
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