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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 224 Nocona Dr, Waxahachie, TX, 75165 offers a 13.7% rental yield on a $340,000 purchase with $3,881/mo rent. Total monthly income registers $3,881/mo, and a $1,664/mo payment leaves $1,238/mo available for distribution. Annual cash flow reaches $14,854/yr on $112,710 to close, and return on cash invested stands at 33.09% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 175.59% and total cumulative return in cash at $197,910. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,881/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
9,016 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 |
|---|---|---|
| 2024-08-08 | Price change | $340,000 |
| 2024-07-25 | Price change | $341,000 |
| 2024-07-11 | Price change | $344,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $8351.13 | 9.16% | $406,790 | 19.78% |
| 2022-08-14 | $7650.08 | N/A | $339,601 | 31.58% |
| 2021-08-14 | N/A | N/A | $258,090 | 1.57% |
Listed by: Anyiesa Johnson • Opendoor Brokerage, LLC
Mls Name: NTREIS
Mls ID: #20558094
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.
