6202 Sanderling StPrincetonTX75407
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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 6202 Sanderling St, Princeton, TX, 75407 uses $63,902 cash to close to unlock $55,556/yr annual cash flow and $4,630/mo monthly cash flow. Total monthly income runs $6,000/mo, and a $944/mo payment keeps the spread at $4,630/mo. Purchase price stands at $192,767, and rental yield measures 37.35% with $6,000/mo rent. Return on cash invested shows 106.85% in year one, and 5% annual appreciation builds toward $53,258 over five years. Five-year ROI reaches 570.26% and total cumulative return in cash records $364,409. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,000/mo property income covering a $944/mo payment rather than investor’s personal income.
Single Family
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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