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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 2518 Pikes Peak, Midlothian, TX, 75104 offers a 7.73% rental yield on a $1,099,000 purchase with $7,075/mo rent. 58% in year one. Equity gained on principal adds $7,092/yr while 5% annual appreciation supports $303,633 over five years. Portfolio math shows five-year ROI at 91.61% and total cumulative return in cash at $326,202. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,075/mo property income against a $5,379/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
1.03 Acres lot
$N/A/sqft
$1,045 annually HOA
Neighborhood data shown for ZIP Code: 75104, Cedar Hill, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,093 (100%) |
| Owner Occupied HU | 12,039 (66.5%) |
| Renter Occupied HU | 5,419 (30.0%) |
| Vacant Housing Units | 635 ( 3.5%) |
| Median Home Value | $328,501 |
| Average Home Value | $403,171 |
Residential
18,377
Single Family
16,136
Multi-Family
2,241
Businesses
970
Date | Event | Price |
|---|---|---|
| 2024-07-03 | Listed for sale | $1,099,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $4906.97 | -40.10% | $509,256 | -13.75% |
| 2022-08-14 | $8191.74 | N/A | $590,460 | 12.47% |
| 2021-08-14 | N/A | N/A | $525,000 | 1.49% |
Listed by: Stephen Hunter • Monument Realty
Mls Name: NTREIS
Mls ID: #20663487
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.
