216 Chimney Rock DrWaxahachieTX75167
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Waxahachie at 216 Chimney Rock Dr, Waxahachie, TX, 75167 priced at $314,900 pairs $2,586/mo rent with $347/mo cash flow after a $1,541/mo payment. Total monthly income equals $2,586/mo, and annual cash flow comes to $4,164/yr on $104,389 invested. Return on cash invested is 23.9% in year one, and rental yield stands at 9.85% on a $314,900 basis. Equity gained on principal adds $2,032/yr, and 5% annual appreciation accumulates to $87,001 by year five. Five-year ROI measures 125.42% and total cumulative return in cash reaches $130,930. For financing, Ziffy Mortgage’s DSCR program evaluates $2,586/mo property income against a $1,541/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2015
5,706 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75167, Waxahachie, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,713 (100%) |
| Owner Occupied HU | 4,885 (85.5%) |
| Renter Occupied HU | 650 (11.4%) |
| Vacant Housing Units | 178 ( 3.1%) |
| Median Home Value | $474,412 |
| Average Home Value | $517,500 |
Housing Distribution
Address Breakdown
Residential
5,440
Single Family
5,430
Multi-Family
10
Businesses
120
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Listed by: John Thomas • Keller Williams Rockwall
Mls Name: NTREIS
Mls ID: #21094116