4309 Carmel Mountain DrMcKinneyTX75070
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
Investment property for sale in McKinney at 4309 Carmel Mountain Dr, McKinney, TX, 75070 at $460,300 posts ROI 17% with from $2,952/mo rent. Total monthly income equals $2,952/mo. Return on cash invested measures 17% and rental yield reads 7.7% at the current $460,300. Equity gained on principal adds $2,970/yr, and 5% annual appreciation supports $127,172 by year five. Five-year ROI prints 88.57% and total cumulative return in cash totals $135,144. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,952/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
5,227 sqft lot
$N/A/sqft
$49 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75070, Mc Kinney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,167 (100%) |
| Owner Occupied HU | 12,389 (44.0%) |
| Renter Occupied HU | 12,828 (45.5%) |
| Vacant Housing Units | 2,950 (10.5%) |
| Median Home Value | $510,838 |
| Average Home Value | $562,736 |
Housing Distribution
Address Breakdown
Residential
26,297
Single Family
14,288
Multi-Family
12,009
Businesses
2,441
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices