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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 Midlothian at 218 Ashlawn Dr, Midlothian, TX, 76065 offers $2,944/mo rent that, after a $1,786/mo payment, leaves $280/mo cash flow. Total monthly income is $2,944/mo, and annual cash flow is $3,363/yr on $120,964 cash. Return on cash invested measures 22.69% in year one, and rental yield stands at 9.68% at a $364,900 entry. Equity gained on principal adds $2,355/yr while 5% annual appreciation compounds into $100,815 by year five. Five-year ROI records 119.23% and total cumulative return in cash reaches $144,228. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,944/mo property income versus a $1,786/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
9,757 sqft lot
$N/A/sqft
$385 annually HOA
Neighborhood data shown for ZIP Code: 76065, Midlothian, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,220 (100%) |
| Owner Occupied HU | 15,180 (79.0%) |
| Renter Occupied HU | 3,250 (16.9%) |
| Vacant Housing Units | 790 ( 4.1%) |
| Median Home Value | $430,364 |
| Average Home Value | $474,199 |
Residential
17,533
Single Family
16,402
Multi-Family
1,131
Businesses
1,208
Date | Event | Price |
|---|---|---|
| 2025-05-01 | Listed for sale | $364,900 |
| 2019-08-14 | Listing removed | $1,995 |
| 2019-07-24 | Listed for rent | $1,995 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-02 | $6500.00 | -12.25% | $324,855 | -10.90% |
| 2023-05-02 | $7407.51 | 4.86% | $364,591 | 15.63% |
| 2022-05-02 | $7064.26 | N/A | $315,303 | 26.55% |
Listed by: Kirk Koenig • DHS Realty
Mls Name: NTREIS
Mls ID: #20922950
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.
