1004 6th AveCanyonTX79015
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 Canyon at 1004 6th Ave, Canyon, TX, 79015 generates $874/mo in rent and, after a $563/mo payment, leaves $56/mo in cash flow. Total monthly income is $874/mo, and annual cash flow is $673/yr on $38,123 invested. Return on cash invested sits at 21.67% in year one, and rental yield is 9.12% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 113.66% and total cumulative return in cash sums $43,329. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $874/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79015, Canyon, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,282 (100%) |
| Owner Occupied HU | 5,918 (57.6%) |
| Renter Occupied HU | 3,256 (31.7%) |
| Vacant Housing Units | 1,108 (10.8%) |
| Median Home Value | $368,175 |
| Average Home Value | $412,640 |
Housing Distribution
Address Breakdown
Residential
9,529
Single Family
8,951
Multi-Family
578
Businesses
613
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Holly Bryant • RockOne Realty, LLC
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-5840
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.