TRACT 6 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
Rental property for sale in Canyon at TRACT 6 Hix Dr, Canyon, TX, 79015 priced at $100,000 pairs $2,144/mo rent with $1,433/mo cash flow after a $489/mo payment. Total monthly income equals $2,144/mo, and annual cash flow comes to $17,200/yr on $33,150 invested. Return on cash invested is 71.79% in year one, and rental yield stands at 25.73% on a $100,000 basis. Equity gained on principal adds $645/yr, and 5% annual appreciation accumulates to $27,628 by year five. Five-year ROI measures 382.38% and total cumulative return in cash reaches $126,760. For financing, Ziffy Mortgage’s DSCR program evaluates $2,144/mo property income against a $489/mo payment instead of your W2s, 1099s, or Tax returns.
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: #24-2788
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.