7400 E Fork LnMcKinneyTX75071
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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 7400 E Fork Ln, McKinney, TX, 75071 earns from $4,007/mo rent with a $2,937/mo payment. Total monthly income totals $4,007/mo. ROI tracks 17.72% on current figures, and rental yield reads 8.01% at a $599,990 purchase. Equity gained on principal adds $3,872/yr, and 5% annual appreciation supports $165,766 over five years. Five-year ROI reaches 92.58% and total cumulative return in cash sums $182,757. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,007/mo property income instead of your personal income.
Single Family
Built in 2015
9,583 sqft lot
$N/A/sqft
$375 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75071, Mc Kinney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,375 (100%) |
| Owner Occupied HU | 23,340 (69.9%) |
| Renter Occupied HU | 7,244 (21.7%) |
| Vacant Housing Units | 2,791 ( 8.4%) |
| Median Home Value | $534,507 |
| Average Home Value | $574,790 |
Housing Distribution
Address Breakdown
Residential
28,991
Single Family
25,399
Multi-Family
3,592
Businesses
1,491
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Listed by: Brad Benat • Real
Mls Name: NTREIS
Mls ID: #20997962
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.