








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Aledo at 120 Canyon Ridge Trl, Aledo, TX, 76008 generates $5,581/mo in rent, after a $4,160/mo payment. Total monthly income is $5,581/mo. Return on cash invested sits at 18.07% in year one, and rental yield is 7.88% on a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 94.18% and total cumulative return in cash sums $263,362. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,581/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
1.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76008, Aledo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,914 (100%) |
| Owner Occupied HU | 8,685 (87.6%) |
| Renter Occupied HU | 749 ( 7.6%) |
| Vacant Housing Units | 480 ( 4.8%) |
| Median Home Value | $528,969 |
| Average Home Value | $590,314 |
Residential
9,537
Single Family
9,524
Multi-Family
13
Businesses
763
Date | Event | Price |
|---|---|---|
| 2024-12-06 | Listed for sale | $850,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $7942.61 | 12.40% | $709,000 | 2.90% |
| 2023-12-27 | $7066.53 | -10.38% | $689,000 | 64.02% |
| 2022-12-27 | $7885.28 | -4.53% | $420,080 | N/A |



Listed by: Greg Willis • TexasRealEstateSavings.com
Mls Name: NTREIS
Mls ID: #20787256
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.