1340 Summerbrook LnMidlothianTX76065
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
Investment Highlights
Total monthly income runs $4,145/mo, and a $3,008/mo payment. Purchase price stands at $614,550, and rental yield measures 8.09% with $4,145/mo rent. Return on cash invested shows 18.72% in year one, and 5% annual appreciation builds toward $169,789 over five years. Five-year ROI reaches 97.67% and total cumulative return in cash records $197,468. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,145/mo property income covering a $3,008/mo payment rather than investor’s personal income.
Single Family
Built in 2004
0.71 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andria Moore • CENTURY 21 Judge Fite Company
Mls Name: NTREIS
Mls ID: #21123695