640 Neale StProsperTX75078
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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 Prosper at 640 Neale St, Prosper, TX, 75078 earns from $6,694/mo rent with a $6,118/mo payment. Total monthly income totals $6,694/mo. ROI tracks 13.33% on current figures, and rental yield reads 6.43% at a $1,250,000 purchase. Equity gained on principal adds $8,066/yr, and 5% annual appreciation supports $345,352 over five years. Five-year ROI reaches 68.91% and total cumulative return in cash sums $279,073. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,694/mo property income instead of your personal income.
Single Family
Built in 2023
10,323 sqft lot
$N/A/sqft
$543 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75078, Prosper, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,313 (100%) |
| Owner Occupied HU | 14,666 (75.9%) |
| Renter Occupied HU | 2,459 (12.7%) |
| Vacant Housing Units | 2,188 (11.3%) |
| Median Home Value | $704,763 |
| Average Home Value | $764,345 |
Housing Distribution
Address Breakdown
Residential
18,014
Single Family
16,310
Multi-Family
1,704
Businesses
1,413
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Listed by: Troy Olson • Keller Williams Realty DPR
Mls Name: NTREIS
Mls ID: #20762365
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.