229 Carson 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
Investment property for sale in Waxahachie at 229 Carson Dr, Waxahachie, TX, 75167 with 5% annual appreciation on a $328,125 basis while $2,846/mo rent supports operations. Total monthly income totals $2,846/mo and a $1,606/mo payment preserves $513/mo for cash returns. Annual cash flow comes to $6,152/yr on $108,773 deployed, and return on cash invested reaches 25.56% in year one. Equity gained on principal adds $2,117/yr, and five-year appreciation sums $90,655 alongside rental yield of 10.41%. Five-year ROI measures 134.39% and total cumulative return in cash totals $146,182.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,846/mo property income versus a $1,606/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2016
5,662 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: Rosie Suarez • RE/MAX Innovations
Mls Name: NTREIS
Mls ID: #21119485