6204 Mount Vernon DrFriscoTX75035
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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 Frisco at 6204 Mount Vernon Dr, Frisco, TX, 75035 uses $127,628 cash to close to unlock $571/yr annual cash flow and $48/mo monthly cash flow. Total monthly income runs $2,785/mo, and a $1,884/mo payment keeps the spread at $48/mo. Purchase price stands at $385,000, and rental yield measures 8.68% with $2,785/mo rent. Return on cash invested shows 20.36% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 106.45% and total cumulative return in cash records $135,862. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,785/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 1994
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75035, Frisco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,487 (100%) |
| Owner Occupied HU | 23,532 (72.4%) |
| Renter Occupied HU | 7,610 (23.4%) |
| Vacant Housing Units | 1,345 ( 4.1%) |
| Median Home Value | $626,540 |
| Average Home Value | $657,700 |
Housing Distribution
Address Breakdown
Residential
31,415
Single Family
27,086
Multi-Family
4,329
Businesses
1,069
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