503 White Oak StAllenTX75002
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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 Allen at 503 White Oak St, Allen, TX, 75002 priced at $335,700 converts $2,416/mo rent into $29/mo cash flow after a $1,643/mo obligation. Total monthly income equals $2,416/mo, and annual cash flow totals $346/yr on $111,285 invested. Return on cash invested prints 20.22% in year one, and rental yield reads 8.64% against a $335,700 entry. Equity gained on principal adds $2,166/yr, while 5% annual appreciation compiles into $92,748 by year five. Five-year ROI reaches 105.72% and total cumulative return in cash sums $117,648. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,416/mo property income covering a $1,643/mo payment, not borrower’s personal income.
Single Family
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75002, Allen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,005 (100%) |
| Owner Occupied HU | 18,826 (75.3%) |
| Renter Occupied HU | 5,504 (22.0%) |
| Vacant Housing Units | 675 ( 2.7%) |
| Median Home Value | $491,377 |
| Average Home Value | $588,591 |
Housing Distribution
Address Breakdown
Residential
24,556
Single Family
21,935
Multi-Family
2,621
Businesses
797
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