620 Woodford Way SoldMcKinneyTX75069
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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 Woodford Way Sold, McKinney, TX, 75069 with 5% annual appreciation on a $412,974 basis while $4,085/mo rent supports operations. Total monthly income totals $4,085/mo and a $2,021/mo payment preserves $1,149/mo for cash returns. Annual cash flow comes to $13,783/yr on $136,901 deployed, and return on cash invested reaches 29.98% in year one. Equity gained on principal adds $2,665/yr, and five-year appreciation sums $114,097 alongside rental yield of 11.87%. Five-year ROI measures 158.05% and total cumulative return in cash totals $216,369.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,085/mo property income versus a $2,021/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
N/A 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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