0 Waters EdgeQuinlanTX75474
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
Rental property for sale in Quinlan at 0 Waters Edge, Quinlan, TX, 75474 priced at $115,000 pairs $3,706/mo rent with $2,888/mo cash flow after a $563/mo payment. Total monthly income equals $3,706/mo, and annual cash flow comes to $34,657/yr on $38,123 invested. Return on cash invested is 110.82% in year one, and rental yield stands at 38.67% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 591.71% and total cumulative return in cash reaches $225,573. For financing, Ziffy Mortgage’s DSCR program evaluates $3,706/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Lot
Built in N/A
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75474, Quinlan, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,469 (100%) |
| Owner Occupied HU | 5,301 (71.0%) |
| Renter Occupied HU | 1,142 (15.3%) |
| Vacant Housing Units | 1,026 (13.7%) |
| Median Home Value | $280,868 |
| Average Home Value | $321,639 |
Housing Distribution
Address Breakdown
Residential
6,369
Single Family
6,360
Multi-Family
9
Businesses
422
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Listed by: Steven Koleno • Beycome Brokerage Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #24982293
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