21372 County Road 331QuinlanTX75474
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Quinlan at 21372 County Road 331, Quinlan, TX, 75474 generates $1,930/mo in rent, after a $2,251/mo payment. Total monthly income is $1,930/mo. Return on cash invested sits at 9.36% in year one, and rental yield is 5.03% on a $460,000 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 47.49% and total cumulative return in cash sums $72,421. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,930/mo property income rather than buyer’s personal income.
Manufactured
Built in 1995
22.80 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Weast • Keller Williams Rockwall
Mls Name: NTREIS
Mls ID: #20773311
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.