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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 Midlothian at 2617 Turning Leaf Ln, Midlothian, TX, 76065 offers $3,886/mo rent that, after a $2,423/mo payment, leaves $325/mo cash flow. Total monthly income is $3,886/mo, and annual cash flow is $3,897/yr on $164,093 cash. Return on cash invested measures 22.28% in year one, and rental yield stands at 9.42% at a $495,000 entry. Equity gained on principal adds $3,194/yr while 5% annual appreciation compounds into $136,759 by year five. Five-year ROI records 116.89% and total cumulative return in cash reaches $191,806. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,886/mo property income versus a $2,423/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
10,497 sqft lot
$N/A/sqft
$492 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 |
|---|---|---|
| 2025-05-17 | Listed for sale | $495,000 |
| 2025-05-17 | Listing removed | $520,000 |
| 2025-02-22 | Price change | $520,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-18 | $6759.70 | -18.23% | $445,261 | -12.00% |
| 2023-05-18 | $8266.83 | -20.19% | $506,000 | -1.93% |
| 2022-05-18 | $10358.18 | N/A | $515,961 | 991.98% |
Listed by: Letitia Hughes • The Hughes Group Real Estate
Mls Name: NTREIS
Mls ID: #20940227
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.
