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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 Glenn Heights at 2615 Cannon Ct, Glenn Heights, TX, 75154 listed at $418,000 pairs $2,956/mo rent with a $2,046/mo payment. Total monthly income runs $2,956/mo. Return on cash invested measures 19.33% in year one, and rental yield registers 8.49% at a $418,000 basis. Equity gained on principal adds $2,697/yr, and annual property appreciation at 5% supports $115,486 by year five. Five-year ROI tracks 101.13% and total cumulative return in cash totals $140,127. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,956/mo property income relative to a $2,046/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
5,880 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood data shown for ZIP Code: 75154, Red Oak, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,844 (100%) |
| Owner Occupied HU | 14,515 (77.0%) |
| Renter Occupied HU | 3,735 (19.8%) |
| Vacant Housing Units | 594 ( 3.2%) |
| Median Home Value | $347,833 |
| Average Home Value | $386,647 |
Residential
18,969
Single Family
17,381
Multi-Family
1,588
Businesses
1,012
Date | Event | Price |
|---|---|---|
| 2025-02-03 | Price change | $418,000 |
| 2025-01-24 | Listed for sale | $430,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $430,884 | -4.23% |
| 2023-02-13 | $6200.31 | 5.93% | $449,907 | 21.98% |
| 2022-02-13 | $5853.05 | N/A | $368,843 | 19.72% |
Listed by: Renita Mullins • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #20825749
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.
