904 Florence StMcKinneyTX75069
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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 904 Florence St, McKinney, TX, 75069 listed at $373,000 pairs $2,737/mo rent with a $1,826/mo payment to leave $84/mo cash flow. Total monthly income runs $2,737/mo, and annual cash flow reaches $1,010/yr on $123,650 cash to close. Return on cash invested measures 20.73% in year one, and rental yield registers 8.81% at a $373,000 basis. Equity gained on principal adds $2,407/yr, and annual property appreciation at 5% supports $103,053 by year five. Five-year ROI tracks 108.47% and total cumulative return in cash totals $134,123. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,737/mo property income relative to a $1,826/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75069, Mc Kinney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,709 (100%) |
| Owner Occupied HU | 8,440 (50.5%) |
| Renter Occupied HU | 7,288 (43.6%) |
| Vacant Housing Units | 981 ( 5.9%) |
| Median Home Value | $524,549 |
| Average Home Value | $611,054 |
Housing Distribution
Address Breakdown
Residential
17,059
Single Family
10,583
Multi-Family
6,476
Businesses
1,583
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