309 Thresher LnPrincetonTX75407
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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 Princeton at 309 Thresher Ln, Princeton, TX, 75407 priced at $244,744 pairs $2,783/mo rent with $1,001/mo cash flow after a $1,198/mo payment. Total monthly income equals $2,783/mo, and annual cash flow comes to $12,015/yr on $81,133 invested. Return on cash invested is 34.72% in year one, and rental yield stands at 13.65% on a $244,744 basis. Equity gained on principal adds $1,579/yr, and 5% annual appreciation accumulates to $67,618 by year five. Five-year ROI measures 183.73% and total cumulative return in cash reaches $149,068. For financing, Ziffy Mortgage’s DSCR program evaluates $2,783/mo property income against a $1,198/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
4,399 sqft lot
$N/A/sqft
$495 annually 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: Jared Turner • Turner Mangum LLC
Mls Name: NTREIS
Mls ID: #20775885
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.