249 Vz County Road 2426CantonTX75103
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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 Canton at 249 Vz County Road 2426, Canton, TX, 75103 generates $1,903/mo in rent and, after a $832/mo payment, leaves $694/mo in cash flow. Total monthly income is $1,903/mo, and annual cash flow is $8,330/yr on $56,355 invested. Return on cash invested sits at 34.69% in year one, and rental yield is 13.43% on a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 183.42% and total cumulative return in cash sums $103,365. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,903/mo property income rather than buyer’s personal income.
Manufactured
Built in 1998
1.84 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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