720 Morwenna RdMcKinneyTX75069
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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 McKinney at 720 Morwenna Rd, McKinney, TX, 75069 listed at $462,999 pairs $3,440/mo rent with a $2,266/mo payment to leave $110/mo cash flow. Total monthly income runs $3,440/mo, and annual cash flow reaches $1,322/yr on $153,484 cash to close. Return on cash invested measures 20.77% in year one, and rental yield registers 8.92% at a $462,999 basis. Equity gained on principal adds $2,988/yr, and annual property appreciation at 5% supports $127,918 by year five. Five-year ROI tracks 108.79% and total cumulative return in cash totals $166,975. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,440/mo property income relative to a $2,266/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
6,011 sqft lot
$N/A/sqft
$450 annually 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: Jared Turner • Turner Mangum LLC
Mls Name: NTREIS
Mls ID: #20782236
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.