212 Canyon DrLindaleTX75771
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lindale at 212 Canyon Dr, Lindale, TX, 75771 offers $1,615/mo rent that, after a $790/mo payment, leaves $467/mo cash flow. Total monthly income is $1,615/mo, and annual cash flow is $5,604/yr on $53,537 cash. Return on cash invested measures 30.38% in year one, and rental yield stands at 12% at a $161,500 entry. Equity gained on principal adds $1,042/yr while 5% annual appreciation compounds into $44,619 by year five. Five-year ROI records 160.29% and total cumulative return in cash reaches $85,816. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,615/mo property income versus a $790/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75771, Lindale, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,663 (100%) |
| Owner Occupied HU | 6,977 (72.2%) |
| Renter Occupied HU | 1,892 (19.6%) |
| Vacant Housing Units | 794 ( 8.2%) |
| Median Home Value | $310,875 |
| Average Home Value | $374,508 |
Housing Distribution
Address Breakdown
Residential
9,549
Single Family
9,446
Multi-Family
103
Businesses
653
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