2256 Garnet 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 2256 Garnet Dr, Waxahachie, TX, 75167 offers $7,684/mo rent that, after a $3,159/mo payment, leaves $3,028/mo cash flow. Total monthly income is $7,684/mo, and annual cash flow is $36,331/yr on $212,347 cash. Return on cash invested measures 37.17% in year one, and rental yield stands at 14.29% at a $645,432 entry. Equity gained on principal adds $4,165/yr while 5% annual appreciation compounds into $178,321 by year five. Five-year ROI records 196.72% and total cumulative return in cash reaches $417,740. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,684/mo property income versus a $3,159/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
10,018 sqft lot
$N/A/sqft
$800 annually 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: Ben Caballero • Highland Homes Realty
Mls Name: NTREIS
Mls ID: #20637564
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.