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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% |
Rental property for sale in Waxahachie at 2430 Grant Michael Trl, Waxahachie, TX, 75167 generates $5,507/mo in rent, after a $3,866/mo payment. Total monthly income is $5,507/mo. Return on cash invested sits at 19.28% in year one, and rental yield is 8.37% on a $789,900 entry. Equity gained on principal adds $5,097/yr, while 5% annual appreciation builds toward $218,235 over five years. Five-year ROI reaches 100.77% and total cumulative return in cash sums $261,869. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,507/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
1 Acres lot
$N/A/sqft
$700 annually HOA
Neighborhood data shown for ZIP Code: 75167, Waxahachie, TX area.
| 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 |
Residential
5,440
Single Family
5,430
Multi-Family
10
Businesses
120
Date | Event | Price |
|---|---|---|
| 2024-05-28 | Price change | $789,900 |
| 2024-03-27 | Price change | $799,900 |
| 2024-01-09 | Listed for sale | $784,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Michelle Ozymy • Knob & Key Realty Partners LLC
Mls Name: NTREIS
Mls ID: #20491539
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.
