1115 Red River DrWaxahachieTX75167
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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 Waxahachie at 1115 Red River Dr, Waxahachie, TX, 75167 earns from $2,681/mo rent with a $2,031/mo payment. Total monthly income totals $2,681/mo. ROI tracks 17.55% on current figures, and rental yield reads 7.75% at a $414,989 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,654 over five years. Five-year ROI reaches 91.46% and total cumulative return in cash sums $125,814. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,681/mo property income instead of your personal income.
Single Family
Built in 2003
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75167, Waxahachie, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,713 (100%) |
| Owner Occupied HU | 4,885 (85.5%) |
| Renter Occupied HU | 650 (11.4%) |
| Vacant Housing Units | 178 ( 3.1%) |
| Median Home Value | $474,412 |
| Average Home Value | $517,500 |
Housing Distribution
Address Breakdown
Residential
5,440
Single Family
5,430
Multi-Family
10
Businesses
120
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Listed by: Amanda Beames • Keller Williams Fort Worth
Mls Name: NTREIS
Mls ID: #21147431