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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 206 Myrtle Ave, Waxahachie, TX, 75165 offers $1,794/mo rent that, after a $1,429/mo payment. Total monthly income is $1,794/mo. Return on cash invested measures 16.41% in year one, and rental yield stands at 7.37% at a $292,000 entry. Equity gained on principal adds $1,884/yr while 5% annual appreciation compounds into $80,674 by year five. Five-year ROI records 85.3% and total cumulative return in cash reaches $82,568. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,794/mo property income versus a $1,429/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
8,712 sqft 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 |
|---|---|---|
| 2025-04-22 | Listed for sale | $292,000 |
| 2022-08-08 | Sold | N/A |
| 2022-07-14 | Pending sale | $275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-22 | $4565.31 | -5.77% | $283,033 | -4.12% |
| 2023-04-22 | $4845.00 | 98.18% | $295,193 | 96.80% |
| 2022-04-22 | $2444.78 | N/A | $150,000 | -6.63% |
Listed by: Leslie Majors • Legacy Realty Group
Mls Name: NTREIS
Mls ID: #20911022
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.
