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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Midlothian at 1117 Lucetta St, Midlothian, TX, 76065 offers $5,340/mo rent that, after a $2,203/mo payment, leaves $1,899/mo cash flow. Total monthly income is $5,340/mo, and annual cash flow is $22,791/yr on $149,175 cash. Return on cash invested measures 35.19% in year one, and rental yield stands at 14.24% at a $450,000 entry. Equity gained on principal adds $2,904/yr while 5% annual appreciation compounds into $124,327 by year five. Five-year ROI records 186.7% and total cumulative return in cash reaches $278,514. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,340/mo property income versus a $2,203/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
10,105 sqft lot
$N/A/sqft
$385 annually HOA
Neighborhood data shown for ZIP Code: 76065, Midlothian, TX area.
| 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 |
Residential
17,533
Single Family
16,402
Multi-Family
1,131
Businesses
1,208
Date | Event | Price |
|---|---|---|
| 2024-08-19 | Listed for sale | $450,000 |
| 2022-02-09 | Sold | N/A |
| 2022-01-12 | Pending sale | $390,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $9966.84 | 61.56% | $492,259 | 53.35% |
| 2022-08-30 | $6169.00 | N/A | $321,013 | 10.00% |
| 2021-08-30 | N/A | N/A | $291,830 | 5.29% |
Listed by: Wendy Bartlett • BHHS Premier Properties
Mls Name: NTREIS
Mls ID: #20706372
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.
