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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% |
Rental property for sale in Midlothian at 2 Saint Charles Pl, Midlothian, TX, 76065 priced at $369,000 pairs $2,753/mo rent with $75/mo cash flow after a $1,806/mo payment. Total monthly income equals $2,753/mo, and annual cash flow comes to $899/yr on $122,324 invested. Return on cash invested is 20.64% in year one, and rental yield stands at 8.95% on a $369,000 basis. Equity gained on principal adds $2,381/yr, and 5% annual appreciation accumulates to $101,948 by year five. Five-year ROI measures 108.17% and total cumulative return in cash reaches $132,315. For financing, Ziffy Mortgage’s DSCR program evaluates $2,753/mo property income against a $1,806/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
6,621 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-05-21 | Listed for sale | $369,000 |
| 2025-04-28 | Sold | N/A |
| 2025-04-18 | Pending sale | $340,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-21 | $6774.98 | 67.58% | $338,598 | 13.60% |
| 2023-05-21 | $4042.78 | -18.53% | $298,051 | 10.00% |
| 2022-05-21 | $4962.51 | N/A | $270,955 | 9.61% |
Listed by: Steve Metarelis • Offerpad Brokerage, LLC
Mls Name: NTREIS
Mls ID: #20942482
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.
