511 S Main StQuanahTX79252
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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 Quanah at 511 S Main St, Quanah, TX, 79252 priced at $199,720 converts $2,278/mo rent into $857/mo cash flow after a $978/mo obligation. Total monthly income equals $2,278/mo, and annual cash flow totals $10,287/yr on $66,207 invested. Return on cash invested prints 35.45% in year one, and rental yield reads 13.69% against a $199,720 entry. Equity gained on principal adds $1,289/yr, while 5% annual appreciation compiles into $55,179 by year five. Five-year ROI reaches 187.44% and total cumulative return in cash sums $124,096. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,278/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79252, Quanah, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,443 (100%) |
| Owner Occupied HU | 821 (56.9%) |
| Renter Occupied HU | 365 (25.3%) |
| Vacant Housing Units | 257 (17.8%) |
| Median Home Value | $80,882 |
| Average Home Value | $110,825 |
Housing Distribution
Address Breakdown
Residential
1,153
Single Family
1,040
Multi-Family
113
Businesses
161
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