361 Dry Creek LnCantonTX75103
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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 361 Dry Creek Ln, Canton, TX, 75103 offers $2,598/mo rent that, after a $1,532/mo payment, leaves $337/mo cash flow. Total monthly income is $2,598/mo, and annual cash flow is $4,047/yr on $103,756 cash. Return on cash invested measures 23.81% in year one, and rental yield stands at 9.96% at a $312,990 entry. Equity gained on principal adds $2,020/yr while 5% annual appreciation compounds into $86,473 by year five. Five-year ROI records 125.14% and total cumulative return in cash reaches $129,838. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,598/mo property income versus a $1,532/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
7,405 sqft lot
$N/A/sqft
$420 annually 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: Bryan Reasor • Jeanette Anderson Real Estate
Mls Name: NTREIS
Mls ID: #20797751
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.