10413 Palmetto StMidlothianTX76065
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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 Midlothian at 10413 Palmetto St, Midlothian, TX, 76065 uses $146,801 cash to close to unlock $10,456/yr annual cash flow and $871/mo monthly cash flow. Total monthly income runs $4,020/mo, and a $2,167/mo payment keeps the spread at $871/mo. Purchase price stands at $442,840, and rental yield measures 10.89% with $4,020/mo rent. Return on cash invested shows 27.03% in year one, and 5% annual appreciation builds toward $122,349 over five years. Five-year ROI reaches 142.26% and total cumulative return in cash records $208,838. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,020/mo property income covering a $2,167/mo payment rather than investor’s personal income.
Single Family
Built in 2026
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76065, Midlothian, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,533
Single Family
16,402
Multi-Family
1,131
Businesses
1,208
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Listed by: Stephen Kahn • Century 21 Mike Bowman, Inc.
Mls Name: Century 21 Mike Bowman Inc.
Mls ID: #21166628