149 E State Highway 276West TawakoniTX75474
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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
Rental property for sale in West Tawakoni at 149 E State Highway 276, West Tawakoni, TX, 75474 generates $1,375/mo in rent and, after a $631/mo payment, leaves $458/mo in cash flow. Total monthly income is $1,375/mo, and annual cash flow is $5,497/yr on $42,764 invested. Return on cash invested sits at 32.76% in year one, and rental yield is 12.79% on a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 173.08% and total cumulative return in cash sums $74,017. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,375/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
7,535 sqft 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: Keerstyn Houston-Davis • Exit Realty Pinnacle Group
Mls Name: NTREIS
Mls ID: #20789017
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.