6411 Ripple RdPrincetonTX75407
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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 6411 Ripple Rd, Princeton, TX, 75407 with 5% annual appreciation on a $372,520 basis while $2,783/mo rent supports operations. Total monthly income totals $2,783/mo and a $1,823/mo payment preserves $93/mo for cash returns. Annual cash flow comes to $1,111/yr on $123,490 deployed, and return on cash invested reaches 20.81% in year one. Equity gained on principal adds $2,404/yr, and five-year appreciation sums $102,920 alongside rental yield of 8.96%. Five-year ROI measures 109.03% and total cumulative return in cash totals $134,644.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,783/mo property income versus a $1,823/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
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: Derek Phelps • DR Horton, America's Builder
Mls Name: NTREIS
Mls ID: #20582844
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.