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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Allen at 885 Alfred Ct, Allen, TX, 75013 at $625,000 posts ROI 12.68% with from $3,240/mo rent. Total monthly income equals $3,240/mo. Return on cash invested measures 12.68% and rental yield reads 6.22% at the current $625,000. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 by year five. Five-year ROI prints 65.37% and total cumulative return in cash totals $134,413. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,240/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2017
6,446 sqft lot
$N/A/sqft
$729 annually HOA
Neighborhood data shown for ZIP Code: 75013, Allen, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,738 (100%) |
| Owner Occupied HU | 12,605 (58.0%) |
| Renter Occupied HU | 7,807 (35.9%) |
| Vacant Housing Units | 1,326 ( 6.1%) |
| Median Home Value | $657,310 |
| Average Home Value | $697,117 |
Residential
20,972
Single Family
13,971
Multi-Family
7,001
Businesses
2,119
Date | Event | Price |
|---|---|---|
| 2024-12-16 | Listed for sale | $625,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $9949.21 | -4.66% | $640,444 | 10.00% |
| 2023-12-27 | $10435.00 | -1.85% | $582,222 | 8.72% |
| 2022-12-27 | $10631.81 | 17.18% | $535,537 | 25.49% |
Listed by: Gina Lester • Briggs Freeman Sotheby's Intl
Mls Name: NTREIS
Mls ID: #20789653
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.
