1206 Canary LnLa VillaTX78562
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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 La Villa at 1206 Canary Ln, La Villa, TX, 78562 priced at $245,000 pairs $1,748/mo rent with after a $1,199/mo payment. Total monthly income equals $1,748/mo. Return on cash invested is 16.87% in year one, and rental yield stands at 8.56% on a $245,000 basis. Equity gained on principal adds $1,581/yr, and 5% annual appreciation accumulates to $67,689 by year five. Five-year ROI measures 88.93% and total cumulative return in cash reaches $72,228. For financing, Ziffy Mortgage’s DSCR program evaluates $1,748/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
6,490 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78562, La Villa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 401 (100%) |
| Owner Occupied HU | 275 (68.6%) |
| Renter Occupied HU | 88 (21.9%) |
| Vacant Housing Units | 38 ( 9.5%) |
| Median Home Value | $80,882 |
| Average Home Value | $120,173 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
11
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