5900 Corinth Chapel RdParkerTX75002
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
Investment property for sale in Parker at 5900 Corinth Chapel Rd, Parker, TX, 75002 listed at $1,225,975 pairs $3,946/mo rent with a $6,001/mo payment. Total monthly income runs $3,946/mo. Return on cash invested measures 5.67% in year one, and rental yield registers 3.86% at a $1,225,975 basis. Equity gained on principal adds $7,911/yr, and annual property appreciation at 5% supports $338,714 by year five. Five-year ROI tracks 27.75% and total cumulative return in cash totals $110,227. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,946/mo property income relative to a $6,001/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
1 Acres lot
$N/A/sqft
$550 semi-annually 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: Cynthia Powell • Ebby Halliday, Realtors
Mls Name: NTREIS
Mls ID: #20942718
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.