24 Saint Charles Pl, Midlothian, TX, 76065 | $660/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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24 Saint Charles Pl, Midlothian, TX, 76065 | $660/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Midlothian at 24 Saint Charles Pl, Midlothian, TX, 76065 with 5% annual appreciation on a $255,000 basis while $2,473/mo rent supports operations. Total monthly income totals $2,473/mo and a $1,248/mo payment preserves $660/mo for cash returns. Annual cash flow comes to $7,917/yr on $84,533 deployed, and return on cash invested reaches 29.27% in year one. Equity gained on principal adds $1,645/yr, and five-year appreciation sums $70,452 alongside rental yield of 11.64%. Five-year ROI measures 154.29% and total cumulative return in cash totals $130,424.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,473/mo property income versus a $1,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1986

6,490 sqft lot

$N/A/sqft

No HOA

More details about the property

This lovely brick home with front entry 2 car garage offers 3 bedrooms and 2 fulls baths. The living area has vaulted ceilings, a wall of windows to enjoy the backyard and a fireplace with mantle ready to decorate for the upcoming holidays. Off the living you'll find the connected dining space and galley style kitchen offering ample cabinetry, an electric range, microwave and dishwasher. Off the dining space you'll find the laundry with garage access perfect for bringing in groceries. The primary suite has a vaulted ceiling, dual sinks and large step in shower along with built-in's for more storage, and a walk-in closet. The other bedrooms share the second bathroom with tub shower and both have walk-in closets. There is an additional closets can ben found off the hallway and entry. There is even more storage area in the garage. The property is covered with huge shade trees and has a large backyard with storage building for lawn equipment. There is also a partially covered patio perfect for quiet mornings.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76065, Midlothian, TX area.

Housing Distribution

Housing Statistics

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