116 Spring Creek DrWaxahachieTX75165
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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 Waxahachie at 116 Spring Creek Dr, Waxahachie, TX, 75165 priced at $799,999 converts $4,272/mo rent into after a $3,916/mo obligation. Total monthly income equals $4,272/mo. Return on cash invested prints 13.34% in year one, and rental yield reads 6.41% against a $799,999 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation compiles into $221,025 by year five. Five-year ROI reaches 68.91% and total cumulative return in cash sums $181,363. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,272/mo property income covering a $3,916/mo payment, not borrower’s personal income.
Single Family
Built in 2009
5.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75165, Waxahachie, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
21,540
Single Family
18,284
Multi-Family
3,256
Businesses
1,381
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Listed by: Brandee Escalante • eXp Realty
Mls Name: NTREIS
Mls ID: #20700003
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.