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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 Waxahachie at 2038 Forreston Rd, Waxahachie, TX, 75165 priced at $305,000 pairs $2,640/mo rent with $471/mo cash flow after a $1,493/mo payment. Total monthly income equals $2,640/mo, and annual cash flow comes to $5,651/yr on $101,108 invested. Return on cash invested is 25.5% in year one, and rental yield stands at 10.39% on a $305,000 basis. Equity gained on principal adds $1,968/yr, and 5% annual appreciation accumulates to $84,266 by year five. Five-year ROI measures 134.01% and total cumulative return in cash reaches $135,490. For financing, Ziffy Mortgage’s DSCR program evaluates $2,640/mo property income against a $1,493/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
1.02 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lesley Stegmeier • Stegmeier Realty
Mls Name: NTREIS
Mls ID: #21000452
