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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% |
Investment property for sale in Waxahachie at 120 Balsam Ln, Waxahachie, TX, 75167 offers a 8.68% rental yield on a $700,000 purchase with $5,066/mo rent. Total monthly income registers $5,066/mo, and a $3,426/mo payment leaves $88/mo available for distribution. Annual cash flow reaches $1,060/yr on $230,300 to close, and return on cash invested stands at 20.52% in year one. Equity gained on principal adds $4,517/yr while 5% annual appreciation supports $193,397 over five years. Portfolio math shows five-year ROI at 107.31% and total cumulative return in cash at $247,144. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,066/mo property income against a $3,426/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
1.86 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75167, Waxahachie, TX area.
| 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 |
Residential
5,440
Single Family
5,430
Multi-Family
10
Businesses
120
Date | Event | Price |
|---|---|---|
| 2025-01-16 | Price change | $700,000 |
| 2024-12-19 | Price change | $714,000 |
| 2024-10-22 | Price change | $724,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $600,161 | -16.12% |
| 2023-02-13 | $9669.01 | 10.93% | $715,464 | 24.98% |
| 2022-02-13 | $8716.30 | N/A | $572,450 | 41.81% |
Listed by: Chelsey Angellotti • Fathom Realty LLC
Mls Name: NTREIS
Mls ID: #20738377
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.
