1150 Clay StCantonTX75103
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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 Canton at 1150 Clay St, Canton, TX, 75103 uses $59,670 cash to close to unlock $1,355/yr annual cash flow and $113/mo monthly cash flow. Total monthly income runs $1,395/mo, and a $881/mo payment keeps the spread at $113/mo. Purchase price stands at $180,000, and rental yield measures 9.3% with $1,395/mo rent. Return on cash invested shows 22.18% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 116.25% and total cumulative return in cash records $69,365. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,395/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75103, Canton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,807 (100%) |
| Owner Occupied HU | 4,803 (70.6%) |
| Renter Occupied HU | 1,485 (21.8%) |
| Vacant Housing Units | 519 ( 7.6%) |
| Median Home Value | $269,916 |
| Average Home Value | $314,438 |
Housing Distribution
Address Breakdown
Residential
6,000
Single Family
5,707
Multi-Family
293
Businesses
772
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Listed by: Lisa Rhodes • KW-Cedar Creek Lake Properties
Mls Name: NTREIS
Mls ID: #20906448
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.