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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 Midlothian at 1037 Magdalena Way, Midlothian, TX, 76065 priced at $347,060 pairs $2,686/mo rent with after a $1,699/mo payment. Total monthly income equals $2,686/mo. Return on cash invested is 17.76% in year one, and rental yield stands at 9.29% on a $347,060 basis. Equity gained on principal adds $2,240/yr, and 5% annual appreciation accumulates to $95,886 by year five. Five-year ROI measures 94.11% and total cumulative return in cash reaches $108,279. For financing, Ziffy Mortgage’s DSCR program evaluates $2,686/mo property income against a $1,699/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2024
2,613 sqft lot
$N/A/sqft
$424 monthly HOA
Neighborhood data shown for ZIP Code: 76065, Midlothian, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,220 (100%) |
| Owner Occupied HU | 15,180 (79.0%) |
| Renter Occupied HU | 3,250 (16.9%) |
| Vacant Housing Units | 790 ( 4.1%) |
| Median Home Value | $430,364 |
| Average Home Value | $474,199 |
Residential
17,533
Single Family
16,402
Multi-Family
1,131
Businesses
1,208
Date | Event | Price |
|---|---|---|
| 2025-02-08 | Price change | $347,060 |
| 2025-01-07 | Price change | $334,990 |
| 2025-01-03 | Price change | $339,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Carole Campbell • Colleen Frost Real Estate Serv
Mls Name: NTREIS
Mls ID: #20839329
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.
