2864 Waters EdgeQuinlanTX75474
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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 2864 Waters Edge, Quinlan, TX, 75474 earns from $2,813/mo rent with a $4,880/mo payment. Total monthly income totals $2,813/mo. ROI tracks 4.32% on current figures, and rental yield reads 3.39% at a $997,000 purchase. Equity gained on principal adds $6,433/yr, and 5% annual appreciation supports $275,453 over five years. Five-year ROI reaches 20.46% and total cumulative return in cash sums $67,126. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,813/mo property income instead of your personal income.
Single Family
Built in 2023
0.89 Acres lot
$N/A/sqft
$300 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: David Rogers • RE/MAX Landmark Rose
Mls Name: NTREIS
Mls ID: #20838455
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.