12 Catherine LnCanyonTX79015
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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
Rental property for sale in Canyon at 12 Catherine Ln, Canyon, TX, 79015 priced at $362,900 pairs $2,248/mo rent with after a $1,776/mo payment. Total monthly income equals $2,248/mo. Return on cash invested is 16.59% in year one, and rental yield stands at 7.43% on a $362,900 basis. Equity gained on principal adds $2,342/yr, and 5% annual appreciation accumulates to $100,263 by year five. Five-year ROI measures 86.28% and total cumulative return in cash reaches $103,796. For financing, Ziffy Mortgage’s DSCR program evaluates $2,248/mo property income against a $1,776/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: 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
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Listed by: Colleen Meyer • Lyons Realty
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-2901
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.