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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% |
Rental property for sale in Canyon at 607 Butterfield Trl, Canyon, TX, 79015 priced at $197,500 converts $1,589/mo rent into $184/mo cash flow after a $967/mo obligation. Total monthly income equals $1,589/mo, and annual cash flow totals $2,211/yr on $65,471 invested. Return on cash invested prints 23.29% in year one, and rental yield reads 9.65% against a $197,500 entry. Equity gained on principal adds $1,274/yr, while 5% annual appreciation compiles into $54,566 by year five. Five-year ROI reaches 122.22% and total cumulative return in cash sums $80,019. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,589/mo property income covering a $967/mo payment, not borrower’s personal income.
Single Family
Built in 1981
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 |
|---|---|---|
| 2025-04-22 | Listed for sale | $197,500 |
| 2016-06-03 | Sold | N/A |
| 2016-03-31 | Listed for sale | $112,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-22 | N/A | N/A | $164,585 | 10.00% |
| 2023-04-22 | $2171.42 | -12.84% | $149,623 | 10.00% |
| 2022-04-22 | $2491.35 | -0.60% | $136,021 | 10.00% |
Listed by: Philip Lyons • Lyons Realty
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-3676
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.
