716 Elmbrook DrFairviewTX75069
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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
Investment property for sale in Fairview at 716 Elmbrook Dr, Fairview, TX, 75069 projects strong ROI of 11.56%. Rental yield 5.78%. With 5% annual appreciation, the property builds $815,031 in value over five years. Equity growth combined delivers a projected five-year ROI of 59.3%, translating into $566,745 in total cumulative return on $955,800 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2007
1.05 Acres lot
$N/A/sqft
$722 quarterly 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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Listed by: Lisa Henderson • Coldwell Banker Realty Frisco
Mls Name: NTREIS
Mls ID: #20699775
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.