9 Northridge DrCanyonTX79015
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Nearby investment properties with comparable prices
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 Canyon at 9 Northridge Dr, Canyon, TX, 79015 at $280,000 posts ROI 24.18% with $330/mo cash flow from $2,321/mo rent. Total monthly income equals $2,321/mo, and annual cash flow records $3,964/yr on $92,820 to close. Return on cash invested measures 24.18% and rental yield reads 9.95% at the current $280,000. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 by year five. Five-year ROI prints 126.96% and total cumulative return in cash totals $117,849.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,321/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79015, Canyon, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
9,529
Single Family
8,951
Multi-Family
578
Businesses
613
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