109 Foreman DrMidlothianTX76065
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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 109 Foreman Dr, Midlothian, TX, 76065 uses $119,797 cash to close to unlock $20,167/yr annual cash flow and $1,681/mo monthly cash flow. Total monthly income runs $4,484/mo, and a $1,769/mo payment keeps the spread at $1,681/mo. Purchase price stands at $361,380, and rental yield measures 14.89% with $4,484/mo rent. Return on cash invested shows 36.74% in year one, and 5% annual appreciation builds toward $99,843 over five years. Five-year ROI reaches 195.17% and total cumulative return in cash records $233,807. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,484/mo property income covering a $1,769/mo payment rather than investor’s personal income.
Single Family
Built in 2023
4,791 sqft lot
$N/A/sqft
$2,800 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: Ben Caballero • IMP Realty
Mls Name: NTREIS
Mls ID: #20588440
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.