8524 Hazel Grove DrMcKinneyTX75071
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in McKinney at 8524 Hazel Grove Dr, McKinney, TX, 75071 earns $1,229/mo cash flow from $5,071/mo rent with a $2,644/mo payment. Total monthly income totals $5,071/mo, and annual cash flow totals $14,752/yr on $177,754 capital. ROI tracks 28.36% on current figures, and rental yield reads 11.26% at a $540,286 purchase. Equity gained on principal adds $3,486/yr, and 5% annual appreciation supports $149,271 over five years. Five-year ROI reaches 149.35% and total cumulative return in cash sums $265,472. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,071/mo property income instead of your personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices