620 W Virginia StMcKinneyTX75069
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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 620 W Virginia St, McKinney, TX, 75069 at $1,395,000 posts ROI 6.57% with from $4,722/mo rent. Total monthly income equals $4,722/mo. Return on cash invested measures 6.57% and rental yield reads 4.06% at the current $1,395,000. Equity gained on principal adds $9,002/yr, and 5% annual appreciation supports $385,413 by year five. Five-year ROI prints 32.44% and total cumulative return in cash totals $146,626. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,722/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
9,583 sqft 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
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