








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 Crowley at 509 Canoe Way, Crowley, TX, 76036 offers a 9.96% rental yield on a $285,000 purchase with $2,365/mo rent. Total monthly income registers $2,365/mo, and a $1,395/mo payment leaves $205/mo available for distribution. Annual cash flow reaches $2,457/yr on $94,478 to close, and return on cash invested stands at 22.51% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 118.61% and total cumulative return in cash at $112,062. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,365/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
6,054 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76036, Crowley, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,161 (100%) |
| Owner Occupied HU | 11,502 (75.9%) |
| Renter Occupied HU | 3,242 (21.4%) |
| Vacant Housing Units | 417 ( 2.8%) |
| Median Home Value | $345,283 |
| Average Home Value | $389,819 |
Residential
14,610
Single Family
13,553
Multi-Family
1,057
Businesses
581
Date | Event | Price |
|---|---|---|
| 2025-02-07 | Price change | $285,000 |
| 2024-11-04 | Price change | $289,900 |
| 2024-10-16 | Listing removed | $1,845 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $6333.61 | -3.02% | $270,000 | -2.69% |
| 2023-02-12 | $6530.53 | -2.04% | $277,474 | 10.99% |
| 2022-02-12 | $6666.76 | 17.74% | $250,000 | 23.50% |



Listed by: Marquita Foxworth • eXp Realty, LLC
Mls Name: NTREIS
Mls ID: #20719696
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.