608 Hefner DrAllenTX75013
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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 Allen at 608 Hefner Dr, Allen, TX, 75013 offers $2,632/mo rent that, after a $1,772/mo payment, leaves $57/mo cash flow. Total monthly income is $2,632/mo, and annual cash flow is $688/yr on $120,036 cash. Return on cash invested measures 20.48% in year one, and rental yield stands at 8.72% at a $362,100 entry. Equity gained on principal adds $2,337/yr while 5% annual appreciation compounds into $100,042 by year five. Five-year ROI records 107.14% and total cumulative return in cash reaches $128,601. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,632/mo property income versus a $1,772/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75013, Allen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,738 (100%) |
| Owner Occupied HU | 12,605 (58.0%) |
| Renter Occupied HU | 7,807 (35.9%) |
| Vacant Housing Units | 1,326 ( 6.1%) |
| Median Home Value | $657,310 |
| Average Home Value | $697,117 |
Housing Distribution
Address Breakdown
Residential
20,972
Single Family
13,971
Multi-Family
7,001
Businesses
2,119
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