120 Evening Fire DrWaxahachieTX75167
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder120 Evening Fire Dr, Waxahachie, TX, 75167 in Waxahachie is a stable, well-positioned rental at $565,000. Rental yield 7.02%. DSCR 1.30 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $156,099 in value and $5,204/yr in principal paydown builds equity, a total projected return of $168,791.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7% | 6.2% |
| Monthly Cash Flow | $(744) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,307 |
| Total Monthly Debt Service | $3,826 |
| DSCR Ratio | 0.86x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2018
1.03 Acres lot
$N/A/sqft
$395 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2018
1.03 Acres lot
$N/A/sqft
$395 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeremy Norman • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20980846
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.