404 Cannon StNew BostonTX75570
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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 New Boston at 404 Cannon St, New Boston, TX, 75570 at $165,000 posts ROI 36.3% with $747/mo cash flow from $1,921/mo rent. Total monthly income equals $1,921/mo, and annual cash flow records $8,967/yr on $54,698 to close. Return on cash invested measures 36.3% and rental yield reads 13.97% at the current $165,000. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 by year five. Five-year ROI prints 192.03% and total cumulative return in cash totals $105,035.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,921/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75570, New Boston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,895 (100%) |
| Owner Occupied HU | 2,377 (61.0%) |
| Renter Occupied HU | 1,165 (29.9%) |
| Vacant Housing Units | 353 ( 9.1%) |
| Median Home Value | $199,907 |
| Average Home Value | $219,324 |
Housing Distribution
Address Breakdown
Residential
3,675
Single Family
3,585
Multi-Family
90
Businesses
366
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Listed by: Salvador Caballero • List With Freedom
Mls Name: TMLS
Mls ID: #115569
Disclaimer: Copyright Texarkana Board of Realtors. Information is deemed reliable but not guaranteed.