7924 Gilbert DrMcKinneyTX75071
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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 7924 Gilbert Dr, McKinney, TX, 75071 generates $2,790/mo in rent and, after a $1,556/mo payment, leaves $468/mo in cash flow. Total monthly income is $2,790/mo, and annual cash flow is $5,620/yr on $105,381 invested. Return on cash invested sits at 25.24% in year one, and rental yield is 10.53% on a $317,890 entry. Equity gained on principal adds $2,051/yr, while 5% annual appreciation builds toward $87,827 over five years. Five-year ROI reaches 132.94% and total cumulative return in cash sums $140,089. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,790/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
5,488 sqft lot
$N/A/sqft
$61 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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Listed by: Jared Turner • Turner Mangum LLC
Mls Name: NTREIS
Mls ID: #20777543
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.