TRACT 5 Hix DrCanyonTX79015
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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 Canyon at TRACT 5 Hix Dr, Canyon, TX, 79015 earns $1,562/mo cash flow from $2,273/mo rent with a $489/mo payment. Total monthly income totals $2,273/mo, and annual cash flow totals $18,748/yr on $33,150 capital. ROI tracks 76.46% on current figures, and rental yield reads 27.28% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Five-year ROI reaches 407.43% and total cumulative return in cash sums $135,064. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,273/mo property income instead of your personal income.
Lot
Built in N/A
10 Acres 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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Listed by: JT Haynes • Triangle Realty, LLC
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-2793
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.