560 Oldbridge DrAllenTX75002
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
Rental property for sale in Allen at 560 Oldbridge Dr, Allen, TX, 75002 offers $2,602/mo rent that, after a $1,713/mo payment, leaves $113/mo cash flow. Total monthly income is $2,602/mo, and annual cash flow is $1,361/yr on $115,992 cash. Return on cash invested measures 21.08% in year one, and rental yield stands at 8.92% at a $349,900 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,671 by year five. Five-year ROI records 110.36% and total cumulative return in cash reaches $128,010. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,602/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
6,098 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cheryl Smith • Cheryl Rivera Smith
Mls Name: NTREIS
Mls ID: #21006061
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.