306 E 6th StProsperTX75078
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Prosper at 306 E 6th St, Prosper, TX, 75078 listed at $450,000 pairs $2,788/mo rent with a $2,203/mo payment. Total monthly income runs $2,788/mo. Return on cash invested measures 16.59% in year one, and rental yield registers 7.43% at a $450,000 basis. Equity gained on principal adds $2,904/yr, and annual property appreciation at 5% supports $124,327 by year five. Five-year ROI tracks 86.27% and total cumulative return in cash totals $128,694. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,788/mo property income relative to a $2,203/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75078, Prosper, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,313 (100%) |
| Owner Occupied HU | 14,666 (75.9%) |
| Renter Occupied HU | 2,459 (12.7%) |
| Vacant Housing Units | 2,188 (11.3%) |
| Median Home Value | $704,763 |
| Average Home Value | $764,345 |
Housing Distribution
Address Breakdown
Residential
18,014
Single Family
16,310
Multi-Family
1,704
Businesses
1,413
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices