6901 Canadian DrChina SpringTX76633
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 China Spring at 6901 Canadian Dr, China Spring, TX, 76633 priced at $287,530 pairs $4,920/mo rent with $2,876/mo cash flow after a $1,407/mo payment. Total monthly income equals $4,920/mo, and annual cash flow comes to $34,508/yr on $95,316 invested. Return on cash invested is 56.11% in year one, and rental yield stands at 20.53% on a $287,530 basis. Equity gained on principal adds $1,855/yr, and 5% annual appreciation accumulates to $79,439 by year five. Five-year ROI measures 298.2% and total cumulative return in cash reaches $284,229. For financing, Ziffy Mortgage’s DSCR program evaluates $4,920/mo property income against a $1,407/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76633, China Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,597 (100%) |
| Owner Occupied HU | 2,158 (83.1%) |
| Renter Occupied HU | 328 (12.6%) |
| Vacant Housing Units | 111 ( 4.3%) |
| Median Home Value | $377,951 |
| Average Home Value | $449,516 |
Housing Distribution
Address Breakdown
Residential
2,249
Single Family
2,249
Multi-Family
0
Businesses
139
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Listed by: River's Crossing Sales Office • D.R. Horton - North Central Texas
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A