








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Allen at 803 Carolyn Ln, Allen, TX, 75002 offers $3,798/mo rent that, after a $2,197/mo payment, leaves $606/mo cash flow. Total monthly income is $3,798/mo, and annual cash flow is $7,274/yr on $148,777 cash. Return on cash invested measures 24.8% in year one, and rental yield stands at 10.16% at a $448,800 entry. Equity gained on principal adds $2,896/yr while 5% annual appreciation compounds into $123,995 by year five. Five-year ROI records 130.29% and total cumulative return in cash reaches $193,849. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,798/mo property income versus a $2,197/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75002, Allen, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,005 (100%) |
| Owner Occupied HU | 18,826 (75.3%) |
| Renter Occupied HU | 5,504 (22.0%) |
| Vacant Housing Units | 675 ( 2.7%) |
| Median Home Value | $491,377 |
| Average Home Value | $588,591 |
Residential
24,556
Single Family
21,935
Multi-Family
2,621
Businesses
797
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Philip Martin • EXP REALTY
Mls Name: NTREIS
Mls ID: #21059056