124 Lacy LnCantonTX75103
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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 124 Lacy Ln, Canton, TX, 75103 earns $772/mo cash flow from $2,824/mo rent with a $1,388/mo payment. Total monthly income totals $2,824/mo, and annual cash flow totals $9,268/yr on $94,015 capital. ROI tracks 29.77% on current figures, and rental yield reads 11.95% at a $283,605 purchase. Equity gained on principal adds $1,830/yr, and 5% annual appreciation supports $78,355 over five years. Five-year ROI reaches 157.11% and total cumulative return in cash sums $147,708. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,824/mo property income instead of your personal income.
Single Family
Built in 2024
6,359 sqft lot
$N/A/sqft
$420 annually 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: Bryan Reasor • Jeanette Anderson Real Estate
Mls Name: NTREIS
Mls ID: #20629675
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.