4881 Miles WayFairviewTX75069
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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 Fairview at 4881 Miles Way, Fairview, TX, 75069 generates $5,016/mo in rent and, after a $3,084/mo payment, leaves $441/mo in cash flow. Total monthly income is $5,016/mo, and annual cash flow is $5,290/yr on $207,270 invested. Return on cash invested sits at 22.61% in year one, and rental yield is 9.55% on a $630,000 entry. Equity gained on principal adds $4,065/yr, while 5% annual appreciation builds toward $174,057 over five years. Five-year ROI reaches 118.72% and total cumulative return in cash sums $246,070. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,016/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
3,920 sqft lot
$N/A/sqft
$568 semi-annually 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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Listed by: Michelle Jones • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #21016445
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.