323 Tall Cedar WayPrincetonTX75407
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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 323 Tall Cedar Way, Princeton, TX, 75407 offers $1,422/mo rent that, after a $1,042/mo payment. Total monthly income is $1,422/mo. Return on cash invested measures 17.63% in year one, and rental yield stands at 8.01% at a $212,990 entry. Equity gained on principal adds $1,374/yr while 5% annual appreciation compounds into $58,845 by year five. Five-year ROI records 92.18% and total cumulative return in cash reaches $65,082. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,422/mo property income versus a $1,042/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
6,050 sqft lot
$N/A/sqft
$250 semi-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: David Clinton • DR Horton, America's Builder
Mls Name: NTREIS
Mls ID: #21058448
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.