2007 6th AveCanyonTX79015
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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
Investment property for sale in Canyon at 2007 6th Ave, Canyon, TX, 79015 earns $332/mo cash flow from $1,897/mo rent with a $1,077/mo payment. Total monthly income totals $1,897/mo, and annual cash flow totals $3,988/yr on $72,930 capital. ROI tracks 25.38% on current figures, and rental yield reads 10.35% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 133.41% and total cumulative return in cash sums $97,295. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,897/mo property income instead of your personal income.
Single Family
Built in 1935
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: Jennifer Auvermann • Keller Williams Realty Amarillo
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-2758
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.