2737 Eastridge BlvdPrincetonTX75407
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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 2737 Eastridge Blvd, Princeton, TX, 75407 with 5% annual appreciation on a $785,000 basis while $6,222/mo rent supports operations. Total monthly income totals $6,222/mo and a $3,842/mo payment preserves $640/mo for cash returns. Annual cash flow comes to $7,679/yr on $258,265 deployed, and return on cash invested reaches 23.03% in year one. Equity gained on principal adds $5,065/yr, and five-year appreciation sums $216,881 alongside rental yield of 9.51%. Five-year ROI measures 120.77% and total cumulative return in cash totals $311,918.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,222/mo property income versus a $3,842/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
1.33 Acres 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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Listed by: Tracy Manz • JPAR - Frisco
Mls Name: NTREIS
Mls ID: #20360824
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.