412 Doris StQueen CityTX75572
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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 Queen City at 412 Doris St, Queen City, TX, 75572 priced at $209,000 converts $1,846/mo rent into $360/mo cash flow after a $1,023/mo obligation. Total monthly income equals $1,846/mo, and annual cash flow totals $4,317/yr on $69,284 invested. Return on cash invested prints 26.14% in year one, and rental yield reads 10.6% against a $209,000 entry. Equity gained on principal adds $1,349/yr, while 5% annual appreciation compiles into $57,743 by year five. Five-year ROI reaches 137.47% and total cumulative return in cash sums $95,246. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,846/mo property income covering a $1,023/mo payment, not borrower’s personal income.
Single Family
Built in 1964
1.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75572, Queen City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,759 (100%) |
| Owner Occupied HU | 1,106 (62.9%) |
| Renter Occupied HU | 366 (20.8%) |
| Vacant Housing Units | 287 (16.3%) |
| Median Home Value | $120,205 |
| Average Home Value | $164,778 |
Housing Distribution
Address Breakdown
Residential
1,702
Single Family
1,584
Multi-Family
118
Businesses
133
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Listed by: Jeremy Hawkins • NextHome Realty Advisors
Mls Name: TMLS
Mls ID: #114963
Disclaimer: Copyright Texarkana Board of Realtors. Information is deemed reliable but not guaranteed.