1309 Rye Glen DrMidlothianTX76065
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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
Investment property for sale in Midlothian at 1309 Rye Glen Dr, Midlothian, TX, 76065 earns $287/mo cash flow from $2,491/mo rent with a $1,517/mo payment. Total monthly income totals $2,491/mo, and annual cash flow totals $3,445/yr on $102,732 capital. ROI tracks 23.26% on current figures, and rental yield reads 9.65% at a $309,900 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,620 over five years. Five-year ROI reaches 122.07% and total cumulative return in cash sums $125,400. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,491/mo property income instead of your personal income.
Single Family
Built in 2002
8,363 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76065, Midlothian, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,533
Single Family
16,402
Multi-Family
1,131
Businesses
1,208
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Listed by: Tiffany Stevens • Legacy Realty Group
Mls Name: NTREIS
Mls ID: #21071172