1571 E Highland RdWaxahachieTX75167
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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
Total monthly income runs $3,600/mo, and a $2,888/mo payment. Purchase price stands at $590,000, and rental yield measures 7.32% with $3,600/mo rent. Return on cash invested shows 16.38% in year one, and 5% annual appreciation builds toward $163,006 over five years. Five-year ROI reaches 85.1% and total cumulative return in cash records $165,184. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,600/mo property income covering a $2,888/mo payment rather than investor’s personal income.
Single Family
Built in 2019
1.10 Acres 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
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Listed by: 0579851 Thomas • Star Five, REALTORS
Mls Name: NTREIS
Mls ID: #21150098