706 Lullaby LnMcKinneyTX75069
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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 McKinney at 706 Lullaby Ln, McKinney, TX, 75069 priced at $373,412 pairs $3,440/mo rent with $784/mo cash flow after a $1,828/mo payment. Total monthly income equals $3,440/mo, and annual cash flow comes to $9,411/yr on $123,786 invested. Return on cash invested is 27.51% in year one, and rental yield stands at 11.05% on a $373,412 basis. Equity gained on principal adds $2,410/yr, and 5% annual appreciation accumulates to $103,167 by year five. Five-year ROI measures 144.84% and total cumulative return in cash reaches $179,288. For financing, Ziffy Mortgage’s DSCR program evaluates $3,440/mo property income against a $1,828/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75069, Mc Kinney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,709 (100%) |
| Owner Occupied HU | 8,440 (50.5%) |
| Renter Occupied HU | 7,288 (43.6%) |
| Vacant Housing Units | 981 ( 5.9%) |
| Median Home Value | $524,549 |
| Average Home Value | $611,054 |
Housing Distribution
Address Breakdown
Residential
17,059
Single Family
10,583
Multi-Family
6,476
Businesses
1,583
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