182 Morning Light LnWaxahachieTX75165
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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
Rental property for sale in Waxahachie at 182 Morning Light Ln, Waxahachie, TX, 75165 priced at $298,235 pairs $4,744/mo rent with $2,525/mo cash flow after a $1,460/mo payment. Total monthly income equals $4,744/mo, and annual cash flow comes to $30,306/yr on $98,865 invested. Return on cash invested is 50.56% in year one, and rental yield stands at 19.09% on a $298,235 basis. Equity gained on principal adds $1,924/yr, and 5% annual appreciation accumulates to $82,397 by year five. Five-year ROI measures 268.89% and total cumulative return in cash reaches $265,834. For financing, Ziffy Mortgage’s DSCR program evaluates $4,744/mo property income against a $1,460/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in 2023
10,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75165, Waxahachie, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
21,540
Single Family
18,284
Multi-Family
3,256
Businesses
1,381
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Listed by: N/A • N/A
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