401 W 15th StQuanahTX79252
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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 Quanah at 401 W 15th St, Quanah, TX, 79252 uses $53,040 cash to close to unlock $1,036/yr annual cash flow and $86/mo monthly cash flow. Total monthly income runs $1,224/mo, and a $783/mo payment keeps the spread at $86/mo. Purchase price stands at $160,000, and rental yield measures 9.18% with $1,224/mo rent. Return on cash invested shows 21.86% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 114.6% and total cumulative return in cash records $60,782. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,224/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1988
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79252, Quanah, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,443 (100%) |
| Owner Occupied HU | 821 (56.9%) |
| Renter Occupied HU | 365 (25.3%) |
| Vacant Housing Units | 257 (17.8%) |
| Median Home Value | $80,882 |
| Average Home Value | $110,825 |
Housing Distribution
Address Breakdown
Residential
1,153
Single Family
1,040
Multi-Family
113
Businesses
161
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