28074 State Highway 64CantonTX75103
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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 28074 State Highway 64, Canton, TX, 75103 generates $2,258/mo in rent and, after a $1,322/mo payment, leaves $338/mo in cash flow. Total monthly income is $2,258/mo, and annual cash flow is $4,050/yr on $89,505 invested. Return on cash invested sits at 24.43% in year one, and rental yield is 10.04% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 128.33% and total cumulative return in cash sums $114,865. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,258/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
1 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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Listed by: Robbin Long • Ebby Halliday Realtors
Mls Name: NTREIS
Mls ID: #20930952
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.