106 Michael DrPrincetonTX75407
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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 Princeton at 106 Michael Dr, Princeton, TX, 75407 at $411,990 posts ROI 18.15% with from $2,783/mo rent. Total monthly income equals $2,783/mo. Return on cash invested measures 18.15% and rental yield reads 8.11% at the current $411,990. Equity gained on principal adds $2,659/yr, and 5% annual appreciation supports $113,825 by year five. Five-year ROI prints 94.79% and total cumulative return in cash totals $129,456. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,783/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
8,999 sqft lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75407, Princeton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,154 (100%) |
| Owner Occupied HU | 13,677 (79.7%) |
| Renter Occupied HU | 2,597 (15.1%) |
| Vacant Housing Units | 880 ( 5.1%) |
| Median Home Value | $403,119 |
| Average Home Value | $463,002 |
Housing Distribution
Address Breakdown
Residential
16,425
Single Family
15,577
Multi-Family
848
Businesses
410
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Listed by: David Clinton • DR Horton, America's Builder
Mls Name: NTREIS
Mls ID: #21068605
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.