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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 Waxahachie at 1406 Dr Martin Luther King Jr Blvd, Waxahachie, TX, 75165 uses $99,119 cash to close to unlock $999/yr annual cash flow and $83/mo monthly cash flow. Total monthly income runs $2,209/mo, and a $1,463/mo payment keeps the spread at $83/mo. Purchase price stands at $299,000, and rental yield measures 8.87% with $2,209/mo rent. Return on cash invested shows 20.92% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 109.48% and total cumulative return in cash records $108,514. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,209/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1920
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75165, Waxahachie, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,815 (100%) |
| Owner Occupied HU | 14,366 (65.9%) |
| Renter Occupied HU | 6,168 (28.3%) |
| Vacant Housing Units | 1,281 ( 5.9%) |
| Median Home Value | $351,258 |
| Average Home Value | $396,397 |
Residential
21,540
Single Family
18,284
Multi-Family
3,256
Businesses
1,381
Date | Event | Price |
|---|---|---|
| 2025-01-13 | Price change | $299,000 |
| 2024-12-06 | Listed for sale | $315,000 |
| 2018-09-20 | Listing removed | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2018-02-13 | $1136.76 | N/A | $68,490 | 58.29% |
| 2017-02-13 | $1136.76 | 12.34% | $43,270 | 13.21% |
| 2016-02-13 | $1011.88 | 57.19% | $38,220 | -0.96% |
Listed by: Karen Emery • City Real Estate
Mls Name: NTREIS
Mls ID: #20785173
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.
