308 N 5th StQuinlanTX75474
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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 308 N 5th St, Quinlan, TX, 75474 listed at $277,400 pairs $2,154/mo rent with a $1,358/mo payment to leave $181/mo cash flow. Total monthly income runs $2,154/mo, and annual cash flow reaches $2,173/yr on $91,958 cash to close. Return on cash invested measures 22.27% in year one, and rental yield registers 9.32% at a $277,400 basis. Equity gained on principal adds $1,790/yr, and annual property appreciation at 5% supports $76,641 by year five. Five-year ROI tracks 116.76% and total cumulative return in cash totals $107,372. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,154/mo property income relative to a $1,358/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
6,098 sqft 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
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