Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Princeton at 818 Ginkgo Way, Princeton, TX, 75407 priced at $291,999 converts $2,783/mo rent into $669/mo cash flow after a $1,429/mo obligation. Total monthly income equals $2,783/mo, and annual cash flow totals $8,031/yr on $96,798 invested. Return on cash invested prints 28.21% in year one, and rental yield reads 11.44% against a $291,999 entry. Equity gained on principal adds $1,884/yr, while 5% annual appreciation compiles into $80,674 by year five. Five-year ROI reaches 148.75% and total cumulative return in cash sums $143,984. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,783/mo property income covering a $1,429/mo payment, not borrower’s personal income.
Single Family
Built in 2025
5,052 sqft lot
$N/A/sqft
$450 annually HOA
Neighborhood data shown for ZIP Code: 75407, Princeton, TX area.
| 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 |
Residential
16,425
Single Family
15,577
Multi-Family
848
Businesses
410
Date | Event | Price |
|---|---|---|
| 2025-05-14 | Price change | $291,999 |
| 2025-05-14 | Listed for sale | $303,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jared Turner • Turner Mangum LLC
Mls Name: NTREIS
Mls ID: #20936208
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.
