410 Etheridge RdCantonTX75103
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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 410 Etheridge Rd, Canton, TX, 75103 priced at $368,000 converts $3,013/mo rent into $396/mo cash flow after a $1,801/mo obligation. Total monthly income equals $3,013/mo, and annual cash flow totals $4,755/yr on $121,992 invested. Return on cash invested prints 23.81% in year one, and rental yield reads 9.83% against a $368,000 entry. Equity gained on principal adds $2,375/yr, while 5% annual appreciation compiles into $101,672 by year five. Five-year ROI reaches 124.98% and total cumulative return in cash sums $152,461. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,013/mo property income covering a $1,801/mo payment, not borrower’s personal income.
Single Family
Built in 1993
10,323 sqft 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: Dawn Mcnary • Ebby Halliday Realtors
Mls Name: NTREIS
Mls ID: #20898383
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.