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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Palmer at 220 Poinsetta Dr, Palmer, TX, 75152 offers a 6.62% rental yield on a $375,000 purchase with $2,070/mo rent. 15% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 73.17% and total cumulative return in cash at $90,963. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,070/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
7,884 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75152, Palmer, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,051 (100%) |
| Owner Occupied HU | 1,608 (78.4%) |
| Renter Occupied HU | 345 (16.8%) |
| Vacant Housing Units | 98 ( 4.8%) |
| Median Home Value | $326,821 |
| Average Home Value | $412,307 |
Residential
1,933
Single Family
1,933
Multi-Family
0
Businesses
120
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Karen Vestal • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #21005996
