516 Tidal 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
Rental property for sale in McKinney at 516 Tidal Dr, McKinney, TX, 75071 priced at $434,129 converts $2,648/mo rent into after a $2,125/mo obligation. Total monthly income equals $2,648/mo. Return on cash invested prints 16.25% in year one, and rental yield reads 7.32% against a $434,129 entry. Equity gained on principal adds $2,801/yr, while 5% annual appreciation compiles into $119,942 by year five. Five-year ROI reaches 84.42% and total cumulative return in cash sums $121,491. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,648/mo property income covering a $2,125/mo payment, not borrower’s personal income.
Single Family
Built in 2025
5,662 sqft lot
$N/A/sqft
No 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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