511 E Elm 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 511 E Elm St, Canton, TX, 75103 uses $44,090 cash to close to unlock $1,202/yr annual cash flow and $100/mo monthly cash flow. Total monthly income runs $1,046/mo, and a $651/mo payment keeps the spread at $100/mo. Purchase price stands at $133,000, and rental yield measures 9.44% with $1,046/mo rent. Return on cash invested shows 22.64% in year one, and 5% annual appreciation builds toward $36,745 over five years. Five-year ROI reaches 118.8% and total cumulative return in cash records $52,377. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,046/mo property income covering a $651/mo payment rather than investor’s personal income.
Single Family
Built in 1959
N/A 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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