622 Canton AveWills PointTX75169
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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 Wills Point at 622 Canton Ave, Wills Point, TX, 75169 at $249,900 posts ROI 19.08% with from $1,720/mo rent. Total monthly income equals $1,720/mo. Return on cash invested measures 19.08% and rental yield reads 8.26% at the current $249,900. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 by year five. Five-year ROI prints 99.69% and total cumulative return in cash totals $82,586. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,720/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75169, Wills Point, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,834 (100%) |
| Owner Occupied HU | 5,380 (68.7%) |
| Renter Occupied HU | 1,664 (21.2%) |
| Vacant Housing Units | 790 (10.1%) |
| Median Home Value | $230,460 |
| Average Home Value | $317,907 |
Housing Distribution
Address Breakdown
Residential
6,794
Single Family
6,744
Multi-Family
50
Businesses
484
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Listed by: Sherry Scott Moore • Century 21 NexGen Realty
Mls Name: NTREIS
Mls ID: #20903670
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.