901 Lathrop 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 901 Lathrop Dr, McKinney, TX, 75071 at $889,156 posts ROI 27.16% with $1,731/mo cash flow from $8,110/mo rent. Total monthly income equals $8,110/mo, and annual cash flow records $20,776/yr on $292,532 to close. Return on cash invested measures 27.16% and rental yield reads 10.95% at the current $889,156. Equity gained on principal adds $5,738/yr, and 5% annual appreciation supports $245,657 by year five. Five-year ROI prints 143.01% and total cumulative return in cash totals $418,359.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $8,110/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
0.30 Acres lot
$N/A/sqft
$167 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marsha Ashlock • Visions Realty & Investments
Mls Name: NTREIS
Mls ID: #20772800
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.