6611 Stafford DrParkerTX75002
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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
Rental property for sale in Parker at 6611 Stafford Dr, Parker, TX, 75002 generates $12,728/mo in rent and, after a $7,293/mo payment, leaves $2,020/mo in cash flow. Total monthly income is $12,728/mo, and annual cash flow is $24,236/yr on $482,760 invested. Return on cash invested sits at 25.39% in year one, and rental yield is 10.25% on a $1,490,000 entry. Equity gained on principal adds $9,615/yr, while 5% annual appreciation builds toward $411,660 over five years. Five-year ROI reaches 133.48% and total cumulative return in cash sums $644,368. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $12,728/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
1.01 Acres lot
$N/A/sqft
$1,350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75002, Allen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,005 (100%) |
| Owner Occupied HU | 18,826 (75.3%) |
| Renter Occupied HU | 5,504 (22.0%) |
| Vacant Housing Units | 675 ( 2.7%) |
| Median Home Value | $491,377 |
| Average Home Value | $588,591 |
Housing Distribution
Address Breakdown
Residential
24,556
Single Family
21,935
Multi-Family
2,621
Businesses
797
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Listed by: Susie Grant • Berkshire HathawayHS PenFed TX
Mls Name: NTREIS
Mls ID: #20693397
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.