601 Parker StMcKinneyTX75069
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 McKinney at 601 Parker St, McKinney, TX, 75069 with 5% annual appreciation on a $1,068,000 basis while $3,880/mo rent supports operations. 49% in year one. Equity gained on principal adds $6,892/yr, and five-year appreciation sums $295,069 alongside rental yield of 4.36%. Five-year ROI measures 37.38% and total cumulative return in cash totals $129,341. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,880/mo property income versus a $5,227/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1884
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75069, Mc Kinney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,709 (100%) |
| Owner Occupied HU | 8,440 (50.5%) |
| Renter Occupied HU | 7,288 (43.6%) |
| Vacant Housing Units | 981 ( 5.9%) |
| Median Home Value | $524,549 |
| Average Home Value | $611,054 |
Housing Distribution
Address Breakdown
Residential
17,059
Single Family
10,583
Multi-Family
6,476
Businesses
1,583
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices