601 1st 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
Investment property for sale in Queen City at 601 1st St, Queen City, TX, 75572 offers a 9.24% rental yield on a $108,000 purchase with $832/mo rent. Total monthly income registers $832/mo, and a $529/mo payment leaves $48/mo available for distribution. Annual cash flow reaches $577/yr on $35,802 to close, and return on cash invested stands at 21.52% in year one. Equity gained on principal adds $697/yr while 5% annual appreciation supports $29,838 over five years. Portfolio math shows five-year ROI at 113.01% and total cumulative return in cash at $40,460. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $832/mo property income against a $529/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
8,276 sqft 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: Dianne Bryan • Superior Realty
Mls Name: TMLS
Mls ID: #115672
Disclaimer: Copyright Texarkana Board of Realtors. Information is deemed reliable but not guaranteed.