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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 Ennis at 2311 Sherwood Dr, Ennis, TX, 75119 earns $219/mo cash flow from $2,317/mo rent with a $1,444/mo payment. Total monthly income totals $2,317/mo, and annual cash flow totals $2,629/yr on $97,793 capital. ROI tracks 22.6% on current figures, and rental yield reads 9.43% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 118.51% and total cumulative return in cash sums $115,898. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,317/mo property income instead of your personal income.
Single Family
Built in 1992
7,100 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75119, Ennis, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,156 (100%) |
| Owner Occupied HU | 6,955 (62.3%) |
| Renter Occupied HU | 3,633 (32.6%) |
| Vacant Housing Units | 568 ( 5.1%) |
| Median Home Value | $283,970 |
| Average Home Value | $318,336 |
Residential
11,994
Single Family
10,557
Multi-Family
1,437
Businesses
767
Date | Event | Price |
|---|---|---|
| 2025-04-18 | Listed for sale | $295,000 |
| 2016-06-10 | Sold | N/A |
| 2016-05-31 | Pending sale | $152,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-18 | $3076.03 | 14.74% | $201,500 | 10.00% |
| 2023-04-18 | $2680.88 | -38.62% | $183,182 | 0.37% |
| 2022-04-18 | $4367.71 | N/A | $182,502 | 20.55% |
Listed by: Celestina Hillock • Ebby Halliday Realtors
Mls Name: NTREIS
Mls ID: #20907691
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.
