1102 2nd StQueen CityTX75572
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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 Queen City at 1102 2nd St, Queen City, TX, 75572 uses $53,007 cash to close to unlock $5,443/yr annual cash flow and $454/mo monthly cash flow. Total monthly income runs $1,591/mo, and a $783/mo payment keeps the spread at $454/mo. Purchase price stands at $159,900, and rental yield measures 11.94% with $1,591/mo rent. Return on cash invested shows 30.18% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 159.16% and total cumulative return in cash records $84,366. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,591/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 2005
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75572, Queen City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,759 (100%) |
| Owner Occupied HU | 1,106 (62.9%) |
| Renter Occupied HU | 366 (20.8%) |
| Vacant Housing Units | 287 (16.3%) |
| Median Home Value | $120,205 |
| Average Home Value | $164,778 |
Housing Distribution
Address Breakdown
Residential
1,702
Single Family
1,584
Multi-Family
118
Businesses
133
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Listed by: Renee Mccoart • Superior Realty
Mls Name: TMLS
Mls ID: #118336
Disclaimer: Copyright Texarkana Board of Realtors. Information is deemed reliable but not guaranteed.