209 Prairie Crossing CtHoweTX75459
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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
Rental property for sale in Howe at 209 Prairie Crossing Ct, Howe, TX, 75459 offers $3,374/mo rent that, after a $2,668/mo payment. Total monthly income is $3,374/mo. Return on cash invested measures 16.7% in year one, and rental yield stands at 7.43% at a $545,000 entry. Equity gained on principal adds $3,517/yr while 5% annual appreciation compounds into $150,573 by year five. Five-year ROI records 86.82% and total cumulative return in cash reaches $155,664. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,374/mo property income versus a $2,668/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75459, Howe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,334 (100%) |
| Owner Occupied HU | 1,560 (66.8%) |
| Renter Occupied HU | 636 (27.2%) |
| Vacant Housing Units | 138 ( 5.9%) |
| Median Home Value | $338,214 |
| Average Home Value | $450,441 |
Housing Distribution
Address Breakdown
Residential
2,068
Single Family
1,936
Multi-Family
132
Businesses
104
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Listed by: Lucio Romero • LPT Realty LLC
Mls Name: NTREIS
Mls ID: #20940585
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.