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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 Midlothian at 2422 Colonial Ln, Midlothian, TX, 76065 offers a 9.02% rental yield on a $585,950 purchase with $4,406/mo rent. Total monthly income registers $4,406/mo, and a $2,868/mo payment leaves $77/mo available for distribution. Annual cash flow reaches $920/yr on $192,778 to close, and return on cash invested stands at 20.54% in year one. Equity gained on principal adds $3,781/yr while 5% annual appreciation supports $161,887 over five years. Portfolio math shows five-year ROI at 107.77% and total cumulative return in cash at $207,749. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,406/mo property income against a $2,868/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
6,098 sqft lot
$N/A/sqft
$1,950 annually HOA
Neighborhood data shown for ZIP Code: 76065, Midlothian, TX area.
| 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 |
Residential
17,533
Single Family
16,402
Multi-Family
1,131
Businesses
1,208
Date | Event | Price |
|---|---|---|
| 2023-12-15 | Price change | $585,950 |
| 2023-04-03 | Price change | $610,950 |
| 2022-08-04 | Price change | $639,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $493,435 | 20.00% |
| 2023-12-27 | $8354.40 | 451.16% | $411,196 | 507.78% |
| 2022-12-27 | $1515.79 | N/A | $67,655 | 9.83% |
Listed by: Ben Caballero • HomesUSA.com
Mls Name: NTREIS
Mls ID: #20043916
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.
