7817 Harvest Hill 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
Rental property for sale in McKinney at 7817 Harvest Hill Ln, McKinney, TX, 75071 priced at $533,700 converts $3,598/mo rent into after a $2,612/mo obligation. Total monthly income equals $3,598/mo. Return on cash invested prints 18.29% in year one, and rental yield reads 8.09% against a $533,700 entry. Equity gained on principal adds $3,444/yr, while 5% annual appreciation compiles into $147,451 by year five. Five-year ROI reaches 95.49% and total cumulative return in cash sums $167,668. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,598/mo property income covering a $2,612/mo payment, not borrower’s personal income.
Single Family
Built in 2009
N/A lot
$N/A/sqft
$62 monthly 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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