8209 Old Hickory Ln,McKinney,TX,75072

Investment Highlights

Investment property for sale in McKinney at 8209 Old Hickory Ln, McKinney, TX, 75072 listed at $650,000 pairs $4,624/mo rent with a $3,181/mo payment to leave $2/mo cash flow. Total monthly income runs $4,624/mo, and annual cash flow reaches $26/yr on $213,850 cash to close. Return on cash invested measures 20.07% in year one, and rental yield registers 8.54% at a $650,000 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,583 by year five. Five-year ROI tracks 104.92% and total cumulative return in cash totals $224,366. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,624/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).