1009 Mercury DrPrincetonTX75166
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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
Rental property for sale in Princeton at 1009 Mercury Dr, Princeton, TX, 75166 priced at $334,900 pairs $2,536/mo rent with $88/mo cash flow after a $1,639/mo payment. Total monthly income equals $2,536/mo, and annual cash flow comes to $1,056/yr on $111,019 invested. Return on cash invested is 20.86% in year one, and rental yield stands at 9.09% on a $334,900 basis. Equity gained on principal adds $2,161/yr, and 5% annual appreciation accumulates to $92,527 by year five. Five-year ROI measures 109.41% and total cumulative return in cash reaches $121,465. For financing, Ziffy Mortgage’s DSCR program evaluates $2,536/mo property income against a $1,639/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2013
8,232 sqft lot
$N/A/sqft
$200 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75166, Lavon, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,942 (100%) |
| Owner Occupied HU | 3,366 (85.4%) |
| Renter Occupied HU | 259 ( 6.6%) |
| Vacant Housing Units | 317 ( 8.0%) |
| Median Home Value | $503,425 |
| Average Home Value | $530,001 |
Housing Distribution
Address Breakdown
Residential
3,167
Single Family
3,167
Multi-Family
0
Businesses
134
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Listed by: Janet Russell • Better Homes & Gardens, Winans
Mls Name: NTREIS
Mls ID: #20940204
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.