8824 Whitehead StMcKinneyTX75070
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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
Investment property for sale in McKinney at 8824 Whitehead St, McKinney, TX, 75070 with 5% annual appreciation on a $443,000 basis while $5,034/mo rent supports operations. Total monthly income totals $5,034/mo and a $2,168/mo payment preserves $1,516/mo for cash returns. Annual cash flow comes to $18,192/yr on $146,855 deployed, and return on cash invested reaches 32.3% in year one. Equity gained on principal adds $2,859/yr, and five-year appreciation sums $122,393 alongside rental yield of 13.64%. Five-year ROI measures 171.6% and total cumulative return in cash totals $252,004.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,034/mo property income versus a $2,168/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2012
2,178 sqft lot
$N/A/sqft
$368 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75070, Mc Kinney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,167 (100%) |
| Owner Occupied HU | 12,389 (44.0%) |
| Renter Occupied HU | 12,828 (45.5%) |
| Vacant Housing Units | 2,950 (10.5%) |
| Median Home Value | $510,838 |
| Average Home Value | $562,736 |
Housing Distribution
Address Breakdown
Residential
26,297
Single Family
14,288
Multi-Family
12,009
Businesses
2,441
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Listed by: David Novak • Biggs Realty
Mls Name: NTREIS
Mls ID: #20683013
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.