








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 Waxahachie at 106 Morning Star Ln, Waxahachie, TX, 75165 offers $2,851/mo rent that, after a $1,605/mo payment, leaves $489/mo cash flow. Total monthly income is $2,851/mo, and annual cash flow is $5,867/yr on $108,732 cash. Return on cash invested measures 25.31% in year one, and rental yield stands at 10.43% at a $328,000 entry. Equity gained on principal adds $2,117/yr while 5% annual appreciation compounds into $90,620 by year five. Five-year ROI records 133.1% and total cumulative return in cash reaches $144,727. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,851/mo property income versus a $1,605/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
0.19 sqft lot
$N/A/sqft
$180 semi-annually HOA
Neighborhood data shown for ZIP Code: 75165, Waxahachie, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,815 (100%) |
| Owner Occupied HU | 14,366 (65.9%) |
| Renter Occupied HU | 6,168 (28.3%) |
| Vacant Housing Units | 1,281 ( 5.9%) |
| Median Home Value | $351,258 |
| Average Home Value | $396,397 |
Residential
21,540
Single Family
18,284
Multi-Family
3,256
Businesses
1,381
Date | Event | Price |
|---|---|---|
| 2025-06-25 | Listed for sale | $328,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Nicole Glass • eXp Realty, LLC
Mls Name: NTREIS
Mls ID: #20977002
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.