10515 Forest Glen LnMidlothianTX76065
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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 Midlothian at 10515 Forest Glen Ln, Midlothian, TX, 76065 generates $4,020/mo in rent and, after a $2,579/mo payment, leaves $214/mo in cash flow. Total monthly income is $4,020/mo, and annual cash flow is $2,574/yr on $173,383 invested. Return on cash invested sits at 21.54% in year one, and rental yield is 9.15% on a $527,000 entry. Equity gained on principal adds $3,401/yr, while 5% annual appreciation builds toward $145,600 over five years. Five-year ROI reaches 112.95% and total cumulative return in cash sums $195,841. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,020/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
8,624 sqft lot
$N/A/sqft
$700 annually 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: Thomas Do • Christies International R.E.
Mls Name: NTREIS
Mls ID: #20901894
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.