2663 Rodeo DrQuinlanTX75474
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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 Quinlan at 2663 Rodeo Dr, Quinlan, TX, 75474 generates $5,092/mo in rent and, after a $2,834/mo payment, leaves $970/mo in cash flow. Total monthly income is $5,092/mo, and annual cash flow is $11,645/yr on $190,491 invested. Return on cash invested sits at 26.17% in year one, and rental yield is 10.55% on a $579,000 entry. Equity gained on principal adds $3,736/yr, while 5% annual appreciation builds toward $159,967 over five years. Five-year ROI reaches 137.64% and total cumulative return in cash sums $262,195. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,092/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
0.26 Acres lot
$N/A/sqft
$50 annually 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: Amy Ivey • CENTURY 21 Upchurch Real Estat
Mls Name: NTREIS
Mls ID: #20954897
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.