2920 Mable DrCanyonTX79015
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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 2920 Mable Dr, Canyon, TX, 79015 offers a 9.71% rental yield on a $262,500 purchase with $2,123/mo rent. Total monthly income registers $2,123/mo, and a $1,285/mo payment leaves $256/mo available for distribution. Annual cash flow reaches $3,073/yr on $87,019 to close, and return on cash invested stands at 23.44% in year one. Equity gained on principal adds $1,694/yr while 5% annual appreciation supports $72,524 over five years. Portfolio math shows five-year ROI at 123.03% and total cumulative return in cash at $107,062. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,123/mo property income against a $1,285/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
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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