3428 Fairholt DrMcKinneyTX75071
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 3428 Fairholt Dr, McKinney, TX, 75071 priced at $606,360 converts $5,358/mo rent into $958/mo cash flow after a $2,968/mo obligation. Total monthly income equals $5,358/mo, and annual cash flow totals $11,495/yr on $199,492 invested. Return on cash invested prints 25.82% in year one, and rental yield reads 10.6% against a $606,360 entry. Equity gained on principal adds $3,913/yr, while 5% annual appreciation compiles into $167,526 by year five. Five-year ROI reaches 135.93% and total cumulative return in cash sums $271,168. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,358/mo property income covering a $2,968/mo payment, not borrower’s personal income.
Single Family
Built in 2024
5,967 sqft lot
$N/A/sqft
$264 quarterly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bill Roberds • William Roberds
Mls Name: NTREIS
Mls ID: #20704284
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.