970 Emil PlAllenTX75013
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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 Allen at 970 Emil Pl, Allen, TX, 75013 uses $142,545 cash to close to unlock $3,382/yr annual cash flow and $282/mo monthly cash flow. Total monthly income runs $3,340/mo, and a $2,105/mo payment keeps the spread at $282/mo. Purchase price stands at $430,000, and rental yield measures 9.32% with $3,340/mo rent. Return on cash invested shows 22.28% in year one, and 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 116.77% and total cumulative return in cash records $166,455. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,340/mo property income covering a $2,105/mo payment rather than investor’s personal income.
Townhouse
Built in 2020
2,352 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75013, Allen, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
20,972
Single Family
13,971
Multi-Family
7,001
Businesses
2,119
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