5308 Mountain Pointe 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 5308 Mountain Pointe Dr, McKinney, TX, 75071 with 5% annual appreciation on a $445,000 basis while $3,366/mo rent supports operations. Total monthly income totals $3,366/mo and a $2,178/mo payment preserves $178/mo for cash returns. Annual cash flow comes to $2,135/yr on $147,518 deployed, and return on cash invested reaches 21.36% in year one. Equity gained on principal adds $2,872/yr, and five-year appreciation sums $122,945 alongside rental yield of 9.08%. Five-year ROI measures 111.88% and total cumulative return in cash totals $165,044.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,366/mo property income versus a $2,178/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
6,098 sqft lot
$N/A/sqft
$71 quarterly 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: Dena Malasek • Monument Realty
Mls Name: NTREIS
Mls ID: #20772733
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.