408 S Capitol StCantonTX75103
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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 Canton at 408 S Capitol St, Canton, TX, 75103 listed at $178,900 pairs $1,345/mo rent with a $876/mo payment to leave $72/mo cash flow. Total monthly income runs $1,345/mo, and annual cash flow reaches $869/yr on $59,305 cash to close. Return on cash invested measures 21.37% in year one, and rental yield registers 9.02% at a $178,900 basis. Equity gained on principal adds $1,154/yr, and annual property appreciation at 5% supports $49,427 by year five. Five-year ROI tracks 111.95% and total cumulative return in cash totals $66,391. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,345/mo property income relative to a $876/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
0.31 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
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Listed by: Michael Murdock • Exit Realty Pro
Mls Name: GTARMLS
Mls Provider:
Mls ID: #25003184
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.