360 Vz County Road 2503CantonTX75103
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Canton at 360 Vz County Road 2503, Canton, TX, 75103 uses $258,923 cash to close to unlock $78,570/yr annual cash flow and $6,547/mo monthly cash flow. Total monthly income runs $12,144/mo, and a $3,852/mo payment keeps the spread at $6,547/mo. Purchase price stands at $787,000, and rental yield measures 18.52% with $12,144/mo rent. Return on cash invested shows 50.41% in year one, and 5% annual appreciation builds toward $217,434 over five years. Five-year ROI reaches 267.57% and total cumulative return in cash records $692,790. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $12,144/mo property income covering a $3,852/mo payment rather than investor’s personal income.
Single Family
Built in 2009
10 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Donna Birdsong • Pioneer DFW Realty, LLC
Mls Name: NTREIS
Mls ID: #20787197
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.