2077 Wright Way CirQuinlanTX75474
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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 Quinlan at 2077 Wright Way Cir, Quinlan, TX, 75474 uses $33,150 cash to close to unlock $700/yr annual cash flow and $58/mo monthly cash flow. Total monthly income runs $769/mo, and a $489/mo payment keeps the spread at $58/mo. Purchase price stands at $100,000, and rental yield measures 9.23% with $769/mo rent. Return on cash invested shows 22.02% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 115.49% and total cumulative return in cash records $38,284. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $769/mo property income covering a $489/mo payment rather than investor’s personal income.
Manufactured
Built in 2010
0.28 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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