157 Wagon Wheel DrWaxahachieTX75167
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
Investment property for sale in Waxahachie at 157 Wagon Wheel Dr, Waxahachie, TX, 75167 offers a 10.02% rental yield on a $329,900 purchase with $2,755/mo rent. Total monthly income registers $2,755/mo, and a $1,615/mo payment leaves $409/mo available for distribution. Annual cash flow reaches $4,905/yr on $109,362 to close, and return on cash invested stands at 24.39% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 128.1% and total cumulative return in cash at $140,091. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,755/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
6,272 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75167, Waxahachie, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,713 (100%) |
| Owner Occupied HU | 4,885 (85.5%) |
| Renter Occupied HU | 650 (11.4%) |
| Vacant Housing Units | 178 ( 3.1%) |
| Median Home Value | $474,412 |
| Average Home Value | $517,500 |
Housing Distribution
Address Breakdown
Residential
5,440
Single Family
5,430
Multi-Family
10
Businesses
120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Frank Munoz • OnTrack Realty LLC
Mls Name: NTREIS
Mls ID: #21156278