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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 2618 13th Ave, Canyon, TX, 79015 offers a 11.57% rental yield on a $199,000 purchase with $1,918/mo rent. Total monthly income registers $1,918/mo, and a $974/mo payment leaves $503/mo available for distribution. Annual cash flow reaches $6,035/yr on $65,969 to close, and return on cash invested stands at 29.06% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 153.12% and total cumulative return in cash at $101,010. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,918/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
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 |
|---|---|---|
| 2025-06-29 | Listed for sale | $199,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-30 | $1914.29 | 17.01% | $160,190 | 10.00% |
| 2023-06-30 | $1636.00 | -25.32% | $145,627 | 10.00% |
| 2022-06-30 | $2190.72 | -3.96% | $132,388 | 10.00% |
Listed by: Carmen Bailey • MGroup
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-5849
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.
