








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Midlothian at 1401 Ethan Cir, Midlothian, TX, 76065 priced at $474,000 converts $5,687/mo rent into $2,172/mo cash flow after a $2,320/mo obligation. Total monthly income equals $5,687/mo, and annual cash flow totals $26,068/yr on $157,131 invested. Return on cash invested prints 36.5% in year one, and rental yield reads 14.4% against a $474,000 entry. Equity gained on principal adds $3,059/yr, while 5% annual appreciation compiles into $130,957 by year five. Five-year ROI reaches 193.42% and total cumulative return in cash sums $303,929. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,687/mo property income covering a $2,320/mo payment, not borrower’s personal income.
Single Family
Built in 2022
7,230 sqft lot
$N/A/sqft
$144 monthly 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 |
|---|---|---|
| 2024-08-02 | Price change | $474,000 |
| 2024-06-14 | Price change | $479,000 |
| 2024-06-03 | Price change | $489,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Meagan Norris • Swingle & Co. Realty
Mls Name: NTREIS
Mls ID: #20546235
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.