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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 2233 Meridian Pl, Midlothian, TX, 76065 generates $4,649/mo in rent, after a $3,421/mo payment. Total monthly income is $4,649/mo. Return on cash invested sits at 16.69% in year one, and rental yield is 7.98% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 87.37% and total cumulative return in cash sums $200,918. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,649/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
6,534 sqft lot
$N/A/sqft
$1,950 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 |
|---|---|---|
| 2024-12-02 | Price change | $699,000 |
| 2024-03-08 | Listed for sale | $725,000 |
| 2022-01-24 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $639,574 | -4.15% |
| 2023-12-27 | $13556.65 | 13.38% | $667,246 | 25.02% |
| 2022-12-27 | $11957.31 | N/A | $533,697 | 824.15% |
Listed by: Brittany Jeanes • Hale Brokerage, Llc
Mls Name: NTREIS
Mls ID: #20552452
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.
