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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 #4103, Allen, TX, 75013 offers a 7.78% rental yield on a $429,990 purchase with $2,789/mo rent. 17% in year one. Equity gained on principal adds $2,775/yr while 5% annual appreciation supports $118,798 over five years. Portfolio math shows five-year ROI at 74.55% and total cumulative return in cash at $106,271. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,789/mo property income against a $2,105/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2023
N/A lot
$N/A/sqft
$4,944 annually 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 |
|---|---|---|
| 2024-12-07 | Price change | $429,990 |
| 2024-09-30 | Listed for sale | $413,990 |
| 2024-09-13 | Listing removed | $413,990 |
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: #20719544
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.
