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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 2609 Grouse Hollow Way, Midlothian, TX, 76065 with 5% annual appreciation on a $450,000 basis while $5,443/mo rent supports operations. Total monthly income totals $5,443/mo and a $2,203/mo payment preserves $2,045/mo for cash returns. Annual cash flow comes to $24,539/yr on $149,175 deployed, and return on cash invested reaches 36.36% in year one. Equity gained on principal adds $2,904/yr, and five-year appreciation sums $124,327 alongside rental yield of 14.51%. Five-year ROI measures 192.84% and total cumulative return in cash totals $287,670.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,443/mo property income versus a $2,203/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2019
7,405 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-06-05 | Price change | $450,000 |
| 2024-05-02 | Listed for sale | $464,990 |
| 2024-02-27 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $9840.34 | 7.63% | $484,333 | 18.69% |
| 2022-08-14 | $9142.73 | N/A | $408,073 | 29.47% |
| 2021-08-14 | N/A | N/A | $315,180 | 981.98% |
Listed by: Kelly Christenson • RE/MAX Trinity
Mls Name: NTREIS
Mls ID: #20526131
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.
