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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% |
Rental property for sale in Allen at 701 Seeport Dr, Allen, TX, 75013 generates $3,240/mo in rent, after a $3,255/mo payment. Total monthly income is $3,240/mo. Return on cash invested sits at 11.48% in year one, and rental yield is 5.85% on a $665,000 entry. Equity gained on principal adds $4,291/yr, while 5% annual appreciation builds toward $183,727 over five years. Five-year ROI reaches 58.98% and total cumulative return in cash sums $129,031. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,240/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
7,840 sqft lot
$N/A/sqft
$900 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 |
|---|---|---|
| 2024-08-07 | Listed for sale | $665,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $6005.99 | -23.98% | $497,728 | 10.00% |
| 2022-08-13 | $7900.24 | -0.06% | $452,480 | 10.00% |
| 2021-08-13 | $7904.83 | -4.95% | $411,345 | 2.51% |
Listed by: Kat Harvey • RE/MAX Town & Country
Mls Name: NTREIS
Mls ID: #20696062
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.
