404 Ridgedale 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
Investment property for sale in McKinney at 404 Ridgedale Dr, McKinney, TX, 75071 at $372,400 posts ROI 72.51% with $5,412/mo cash flow from $8,110/mo rent. Total monthly income equals $8,110/mo, and annual cash flow records $64,938/yr on $123,451 to close. Return on cash invested measures 72.51% and rental yield reads 26.13% at the current $372,400. Equity gained on principal adds $2,403/yr, and 5% annual appreciation supports $102,887 by year five. Five-year ROI prints 386.32% and total cumulative return in cash totals $476,919.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $8,110/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
4,399 sqft lot
$N/A/sqft
$600 annually 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: Ben Caballero • HomesUSA.com
Mls Name: NTREIS
Mls ID: #20798952
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.