711 W Lanark 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 711 W Lanark St, Queen City, TX, 75572 uses $82,544 cash to close to unlock $1,765/yr annual cash flow and $147/mo monthly cash flow. Total monthly income runs $1,918/mo, and a $1,219/mo payment keeps the spread at $147/mo. Purchase price stands at $249,000, and rental yield measures 9.24% with $1,918/mo rent. Return on cash invested shows 22.05% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 115.59% and total cumulative return in cash records $95,408. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,918/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Single Family
Built in 1980
0.67 Acres 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: Angela Son • United Country Real Estate Angela Son Realty
Mls Name: TMLS
Mls ID: #200600