8001 Canyon Ridge DrGodleyTX76044
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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 Godley at 8001 Canyon Ridge Dr, Godley, TX, 76044 listed at $554,900 pairs $4,198/mo rent with a $2,716/mo payment to leave $231/mo cash flow. Total monthly income runs $4,198/mo, and annual cash flow reaches $2,772/yr on $182,562 cash to close. Return on cash invested measures 21.58% in year one, and rental yield registers 9.08% at a $554,900 basis. Equity gained on principal adds $3,581/yr, and annual property appreciation at 5% supports $153,309 by year five. Five-year ROI tracks 113.02% and total cumulative return in cash totals $206,328. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,198/mo property income relative to a $2,716/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
1.03 Acres lot
$N/A/sqft
$21 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76044, Godley, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,579 (100%) |
| Owner Occupied HU | 2,998 (83.8%) |
| Renter Occupied HU | 342 ( 9.6%) |
| Vacant Housing Units | 239 ( 6.7%) |
| Median Home Value | $424,069 |
| Average Home Value | $550,357 |
Housing Distribution
Address Breakdown
Residential
3,397
Single Family
3,397
Multi-Family
0
Businesses
190
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Listed by: Heather Kelly • Texas Real Estate Executives
Mls Name: NTREIS
Mls ID: #20909756
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.