2431 Oak Knoll DrPalmerTX75152
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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 Palmer at 2431 Oak Knoll Dr, Palmer, TX, 75152 generates $3,588/mo in rent, after a $2,881/mo payment. Total monthly income is $3,588/mo. Return on cash invested sits at 16.36% in year one, and rental yield is 7.31% on a $588,599 entry. Equity gained on principal adds $3,798/yr, while 5% annual appreciation builds toward $162,619 over five years. Five-year ROI reaches 84.99% and total cumulative return in cash sums $164,588. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,588/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75152, Palmer, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,933
Single Family
1,933
Multi-Family
0
Businesses
120
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