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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Allen at 651 N Watters Rd #3205, Allen, TX, 75013 listed at $389,990 pairs $2,789/mo rent with a $1,909/mo payment. Total monthly income runs $2,789/mo. Return on cash invested measures 16.99% in year one, and rental yield registers 8.58% at a $389,990 basis. Equity gained on principal adds $2,517/yr, and annual property appreciation at 5% supports $107,747 by year five. Five-year ROI tracks 89.52% and total cumulative return in cash totals $115,733. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,789/mo property income relative to a $1,909/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2024
N/A lot
$N/A/sqft
$330 monthly HOA
Neighborhood data shown for ZIP Code: 75013, Allen, TX area.
| 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 |
Residential
20,972
Single Family
13,971
Multi-Family
7,001
Businesses
2,119
Date | Event | Price |
|---|---|---|
| 2024-08-01 | Price change | $389,990 |
| 2024-07-16 | Price change | $399,990 |
| 2024-06-21 | Price change | $424,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ginger Weeks • RE/MAX DFW Associates
Mls Name: NTREIS
Mls ID: #20639814
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
