<ARTICLE> 5 <CIK> 0000783287 <NAME> QSR INCOME PROPERTIES, LTD. <MULTIPLIER> 1 <CURRENCY> U.S. $ <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-1-1997 <PERIOD-END> MAR-31-1997 <EXCHANGE-RATE> 1 <CASH> 326,000 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 326,000 <PP&E> 10,591,000 <DEPRECIATION> (3,256,000) <TOTAL-ASSETS> 7,969,000 <CURRENT-LIABILITIES> 154,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 7,815,000 <TOTAL-LIABILITY-AND-EQUITY> 7,969,000 <SALES> 0 <TOTAL-REVENUES> 309,000 <CGS> 0 <TOTAL-COSTS> 35,000 <OTHER-EXPENSES> 32,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 242,000 <INCOME-TAX> 0 <INCOME-CONTINUING> 242,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 242,000 <EPS-PRIMARY> 2.08 <EPS-DILUTED> 2.08