








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 #7101, Allen, TX, 75013 listed at $424,000 pairs $3,107/mo rent with a $2,075/mo payment. Total monthly income runs $3,107/mo. Return on cash invested measures 17.25% in year one, and rental yield registers 8.79% at a $424,000 basis. Equity gained on principal adds $2,736/yr, and annual property appreciation at 5% supports $117,143 by year five. Five-year ROI tracks 91.05% and total cumulative return in cash totals $127,971. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,107/mo property income relative to a $2,075/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2019
N/A lot
$N/A/sqft
$404 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 |
|---|---|---|
| 2024-09-30 | Listed for sale | $424,000 |
| 2024-09-21 | Listing removed | $424,000 |
| 2024-09-05 | Price change | $424,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-15 | N/A | N/A | $465,612 | 6.90% |
| 2023-10-15 | $5297.45 | -22.70% | $435,567 | 10.00% |
| 2022-10-15 | $6852.87 | -4.86% | $395,970 | 10.00% |



Listed by: Susie Grant • Berkshire HathawayHS PenFed TX
Mls Name: NTREIS
Mls ID: #20690475
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.