300 N 6th StCanadianTX79014
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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 Canadian at 300 N 6th St, Canadian, TX, 79014 with 5% annual appreciation on a $275,000 basis while $2,756/mo rent supports operations. Total monthly income totals $2,756/mo and a $1,346/mo payment preserves $800/mo for cash returns. Annual cash flow comes to $9,605/yr on $91,163 deployed, and return on cash invested reaches 30.45% in year one. Equity gained on principal adds $1,775/yr, and five-year appreciation sums $75,977 alongside rental yield of 12.03%. Five-year ROI measures 160.58% and total cumulative return in cash totals $146,387.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,756/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79014, Canadian, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,558 (100%) |
| Owner Occupied HU | 885 (56.8%) |
| Renter Occupied HU | 257 (16.5%) |
| Vacant Housing Units | 416 (26.7%) |
| Median Home Value | $232,375 |
| Average Home Value | $233,110 |
Housing Distribution
Address Breakdown
Residential
1,357
Single Family
1,349
Multi-Family
8
Businesses
221
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Listed by: Taryn Samuels • Keller Williams Realty Amarillo
Mls Name: AMMLS
Mls Provider:
Mls ID: #23-4999
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.