813 Hidden Eddy 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 813 Hidden Eddy Dr, McKinney, TX, 75071 priced at $385,000 converts $2,934/mo rent into $65/mo cash flow after a $1,884/mo obligation. Total monthly income equals $2,934/mo, and annual cash flow totals $779/yr on $127,628 invested. Return on cash invested prints 20.52% in year one, and rental yield reads 9.14% against a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation compiles into $106,368 by year five. Five-year ROI reaches 107.77% and total cumulative return in cash sums $137,542. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,934/mo property income covering a $1,884/mo payment, not borrower’s personal income.
Single Family
Built in 2020
4,791 sqft lot
$N/A/sqft
$395 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: Amanda Anderson • Ebby Halliday, Realtors
Mls Name: NTREIS
Mls ID: #20761518
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.