








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Waxahachie at 206 Penn St, Waxahachie, TX, 75165 at $300,000 posts ROI 20.9% with $82/mo cash flow from $2,215/mo rent. Total monthly income equals $2,215/mo, and annual cash flow records $984/yr on $99,450 to close. Return on cash invested measures 20.9% and rental yield reads 8.86% at the current $300,000. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 by year five. Five-year ROI prints 109.36% and total cumulative return in cash totals $108,756.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,215/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
6,185 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 |
|---|---|---|
| 2025-02-05 | Listed for sale | $300,000 |
| 1993-05-04 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $174,826 | 21.35% |
| 2023-02-13 | $2957.51 | 5.82% | $144,063 | 16.12% |
| 2022-02-13 | $2794.80 | N/A | $124,066 | 17.08% |



Listed by: Terri Griffith • Hometown Realty
Mls Name: NTREIS
Mls ID: #20834874
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.