384 Spring Meadow DrFairviewTX75069
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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
Investment property for sale in Fairview at 384 Spring Meadow Dr, Fairview, TX, 75069 earns from $3,661/mo rent with a $2,814/mo payment. Total monthly income totals $3,661/mo. ROI tracks 17.35% on current figures, and rental yield reads 7.64% at a $574,900 purchase. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,834 over five years. Five-year ROI reaches 90.3% and total cumulative return in cash sums $170,799. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,661/mo property income instead of your personal income.
Single Family
Built in 2007
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75069, Mc Kinney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,709 (100%) |
| Owner Occupied HU | 8,440 (50.5%) |
| Renter Occupied HU | 7,288 (43.6%) |
| Vacant Housing Units | 981 ( 5.9%) |
| Median Home Value | $524,549 |
| Average Home Value | $611,054 |
Housing Distribution
Address Breakdown
Residential
17,059
Single Family
10,583
Multi-Family
6,476
Businesses
1,583
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