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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 2607 15th Ave, Canyon, TX, 79015 uses $81,218 cash to close to unlock $29,063/yr annual cash flow and $2,422/mo monthly cash flow. Total monthly income runs $4,164/mo, and a $1,199/mo payment keeps the spread at $2,422/mo. Purchase price stands at $245,000, and rental yield measures 20.4% with $4,164/mo rent. Return on cash invested shows 55.69% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 295.95% and total cumulative return in cash records $240,360. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,164/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Single Family
Built in 1978
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 |
|---|---|---|
| 2024-08-13 | Listed for sale | $245,000 |
| 2024-07-29 | Listing removed | N/A |
| 2024-03-01 | Listed for sale | $279,995 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $1851.87 | -43.13% | $261,382 | 10.00% |
| 2022-08-14 | $3256.08 | -0.13% | $237,620 | 10.00% |
| 2021-08-14 | $3260.20 | N/A | $216,018 | 4.91% |
Listed by: Carol McRoberts • Lyons Realty
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-1871
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.
