15211 Neighborhood RdCanadianTX79014
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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 Canadian at 15211 Neighborhood Rd, Canadian, TX, 79014 offers $2,076/mo rent that, after a $2,570/mo payment. Total monthly income is $2,076/mo. Return on cash invested measures 8.54% in year one, and rental yield stands at 4.75% at a $525,000 entry. Equity gained on principal adds $3,388/yr while 5% annual appreciation compounds into $145,048 by year five. Five-year ROI records 43.1% and total cumulative return in cash reaches $74,445. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,076/mo property income versus a $2,570/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79014, Canadian, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,558 (100%) |
| Owner Occupied HU | 885 (56.8%) |
| Renter Occupied HU | 257 (16.5%) |
| Vacant Housing Units | 416 (26.7%) |
| Median Home Value | $232,375 |
| Average Home Value | $233,110 |
Housing Distribution
Address Breakdown
Residential
1,357
Single Family
1,349
Multi-Family
8
Businesses
221
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Listed by: Marcee Rex • Marcee Rex, REALTOR
Mls Name: AMMLS
Mls Provider:
Mls ID: #23-7470
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.