1121 Spartan DrCanutilloTX79835
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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 Canutillo at 1121 Spartan Dr, Canutillo, TX, 79835 offers a 9.29% rental yield on a $299,000 purchase with $2,316/mo rent. Total monthly income registers $2,316/mo, and a $1,463/mo payment leaves $190/mo available for distribution. Annual cash flow reaches $2,283/yr on $99,119 to close, and return on cash invested stands at 22.21% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 116.44% and total cumulative return in cash at $115,414. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,316/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79835, Canutillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,378 (100%) |
| Owner Occupied HU | 2,936 (67.1%) |
| Renter Occupied HU | 1,133 (25.9%) |
| Vacant Housing Units | 309 ( 7.1%) |
| Median Home Value | $201,282 |
| Average Home Value | $199,660 |
Housing Distribution
Address Breakdown
Residential
3,737
Single Family
3,730
Multi-Family
7
Businesses
473
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