419 Bermuda StPrincetonTX75407
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 Princeton at 419 Bermuda St, Princeton, TX, 75407 offers a 9.4% rental yield on a $146,900 purchase with $1,151/mo rent. Total monthly income registers $1,151/mo, and a $719/mo payment leaves $106/mo available for distribution. Annual cash flow reaches $1,276/yr on $48,697 to close, and return on cash invested stands at 22.53% in year one. Equity gained on principal adds $948/yr while 5% annual appreciation supports $40,586 over five years. Portfolio math shows five-year ROI at 118.17% and total cumulative return in cash at $57,545. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,151/mo property income against a $719/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2025
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices