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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 Midlothian at 1201 Summer Grove Dr, Midlothian, TX, 76065 at $469,999 posts ROI 43.51% with $3,064/mo cash flow from $6,456/mo rent. Total monthly income equals $6,456/mo, and annual cash flow records $36,770/yr on $155,805 to close. Return on cash invested measures 43.51% and rental yield reads 16.48% at the current $469,999. Equity gained on principal adds $3,033/yr, and 5% annual appreciation supports $129,852 by year five. Five-year ROI prints 230.76% and total cumulative return in cash totals $359,541.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,456/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
7,405 sqft lot
$N/A/sqft
$600 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 |
|---|---|---|
| 2024-07-30 | Price change | $469,999 |
| 2024-07-16 | Listed for sale | $499,999 |
| 2024-04-23 | Listing removed | $520,316 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $1066.66 | N/A | $52,500 | N/A |
Listed by: Ben Caballero • HomesUSA.com
Mls Name: NTREIS
Mls ID: #20689563
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.
