418 Blue Grass 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
Investment property for sale in Princeton at 418 Blue Grass Way, Princeton, TX, 75407 listed at $112,499 pairs $880/mo rent with a $551/mo payment to leave $80/mo cash flow. Total monthly income runs $880/mo, and annual cash flow reaches $956/yr on $37,293 cash to close. Return on cash invested measures 22.47% in year one, and rental yield registers 9.39% at a $112,499 basis. Equity gained on principal adds $726/yr, and annual property appreciation at 5% supports $31,081 by year five. Five-year ROI tracks 117.88% and total cumulative return in cash totals $43,960. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $880/mo property income relative to a $551/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2024
N/A 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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