445 Canal StQuinlanTX75474
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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 Quinlan at 445 Canal St, Quinlan, TX, 75474 priced at $182,500 converts $1,598/mo rent into $300/mo cash flow after a $893/mo obligation. Total monthly income equals $1,598/mo, and annual cash flow totals $3,606/yr on $60,499 invested. Return on cash invested prints 25.87% in year one, and rental yield reads 10.51% against a $182,500 entry. Equity gained on principal adds $1,178/yr, while 5% annual appreciation compiles into $50,421 by year five. Five-year ROI reaches 136.06% and total cumulative return in cash sums $82,318. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,598/mo property income covering a $893/mo payment, not borrower’s personal income.
Single Family
Built in 1980
10,497 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
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