




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


Investment property for sale in Canyon at 2004 5th Ave, Canyon, TX, 79015 listed at $245,000 pairs $1,855/mo rent with a $1,199/mo payment to leave $113/mo cash flow. Total monthly income runs $1,855/mo, and annual cash flow reaches $1,355/yr on $81,218 cash to close. Return on cash invested measures 21.58% in year one, and rental yield registers 9.09% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 113% and total cumulative return in cash totals $91,776. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,855/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1933
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 79015, Canyon, TX area.
| 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 |
Residential
9,529
Single Family
8,951
Multi-Family
578
Businesses
613
Date | Event | Price |
|---|---|---|
| 2025-05-23 | Listed for sale | $245,000 |
| 2017-05-09 | Listing removed | $179,400 |
| 2017-04-23 | Pending sale | $179,400 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-23 | N/A | N/A | $185,913 | 9.07% |
| 2023-05-23 | $3003.53 | -2.52% | $170,458 | 10.60% |
| 2022-05-23 | $3081.33 | 11.03% | $154,126 | 19.48% |



Listed by: Colleen Meyer • Lyons Realty
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-4722
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.