409 E 2nd StQuinlanTX75474
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 Quinlan at 409 E 2nd St, Quinlan, TX, 75474 earns $318/mo cash flow from $1,883/mo rent with a $1,077/mo payment. Total monthly income totals $1,883/mo, and annual cash flow totals $3,820/yr on $72,930 capital. ROI tracks 25.15% on current figures, and rental yield reads 10.27% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 132.19% and total cumulative return in cash sums $96,407. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,883/mo property income instead of your personal income.
Single Family
Built in 1968
10,628 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75474, Quinlan, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,469 (100%) |
| Owner Occupied HU | 5,301 (71.0%) |
| Renter Occupied HU | 1,142 (15.3%) |
| Vacant Housing Units | 1,026 (13.7%) |
| Median Home Value | $280,868 |
| Average Home Value | $321,639 |
Housing Distribution
Address Breakdown
Residential
6,369
Single Family
6,360
Multi-Family
9
Businesses
422
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices