1615 White Mountain WayPrincetonTX75407
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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 1615 White Mountain Way, Princeton, TX, 75407 uses $92,820 cash to close to unlock $2,176/yr annual cash flow and $181/mo monthly cash flow. Total monthly income runs $2,172/mo, and a $1,370/mo payment keeps the spread at $181/mo. Purchase price stands at $280,000, and rental yield measures 9.31% with $2,172/mo rent. Return on cash invested shows 22.25% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 116.65% and total cumulative return in cash records $108,273. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,172/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 2018
5,183 sqft lot
$N/A/sqft
No 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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