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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 Crowley at 612 Canoe Way, Crowley, TX, 76036 generates $2,312/mo in rent, after a $2,247/mo payment. Total monthly income is $2,312/mo. Return on cash invested sits at 11.82% in year one, and rental yield is 6.04% on a $459,000 entry. Equity gained on principal adds $2,962/yr, while 5% annual appreciation builds toward $126,813 over five years. Five-year ROI reaches 60.9% and total cumulative return in cash sums $92,663. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,312/mo property income rather than buyer’s personal income.
Multi Family
Built in 2006
3,963 sqft lot
$N/A/sqft
$880 annually 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 |
|---|---|---|
| 2024-11-08 | Listed for sale | $459,000 |
| 2023-04-06 | Listing removed | N/A |
| 2022-10-11 | Listing removed | $220,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $4857.23 | 4.49% | $207,063 | 4.84% |
| 2023-02-12 | $4648.29 | 5.58% | $197,500 | 19.63% |
| 2022-02-12 | $4402.48 | 11.34% | $165,091 | 16.79% |
Listed by: Stephen Fithian • SVN Trinity Advisors
Mls Name: NTREIS
Mls ID: #20773966
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.
