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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% |
Investment property for sale in Waxahachie at 215 Oak Ridge Dr, Waxahachie, TX, 75165 with 5% annual appreciation on a $309,900 basis while $2,701/mo rent supports operations. Total monthly income totals $2,701/mo and a $1,517/mo payment preserves $485/mo for cash returns. Annual cash flow comes to $5,815/yr on $102,732 deployed, and return on cash invested reaches 25.57% in year one. Equity gained on principal adds $2,000/yr, and five-year appreciation sums $85,620 alongside rental yield of 10.46%. Five-year ROI measures 134.47% and total cumulative return in cash totals $138,144.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,701/mo property income versus a $1,517/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
5,488 sqft lot
$N/A/sqft
$150 annually 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 |
|---|---|---|
| 2025-02-06 | Listed for sale | $309,900 |
| 2024-12-31 | Contingent | $299,000 |
| 2024-12-20 | Price change | $299,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $297,973 | 10.00% |
| 2023-02-13 | $3987.41 | -20.27% | $270,885 | 10.00% |
| 2022-02-13 | $5001.19 | N/A | $246,259 | 10.00% |
Listed by: Valerie Harris • Glazer's Realtors
Mls Name: NTREIS
Mls ID: #20731522
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.
