2850W Plan, Lakes of Somercrest 60', Midlothian, TX, 76065 | $2,649/mo Cash Flow

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2850W Plan, Lakes of Somercrest 60', Midlothian, TX, 76065 | $2,649/mo Cash Flow | Ziffy

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NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Midlothian at 2850W Plan, Lakes of Somercrest 60', Midlothian, TX, 76065 offers a 13.96% rental yield on a $585,900 purchase with $6,816/mo rent. Total monthly income registers $6,816/mo, and a $2,868/mo payment leaves $2,649/mo available for distribution. Annual cash flow reaches $31,791/yr on $192,761 to close, and return on cash invested stands at 36.55% in year one. Equity gained on principal adds $3,781/yr while 5% annual appreciation supports $161,873 over five years. Portfolio math shows five-year ROI at 193.3% and total cumulative return in cash at $372,601. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,816/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 2024

N/A lot

$N/A/sqft

No HOA

More details about the property

Inviting entry with 16-foot ceiling. Entry extends to the kitchen, family room and dining area. Generous family room features a grand wall of windows. Kitchen features an island with built-in seating space and a walk-in pantry. Home office with French door entry just off the family room. Primary suite features a large bedroom, double door entry to primary bathroom, dual vanities, garden tub, separate glass enclosed shower, two large walk-in closets and private access to utility room. Media room with French door entry just off the kitchen. Private guest suite with full bathroom and a walk-in closet. Secondary bedrooms, a half bathroom and a Hollywood bathroom completes this home. Covered backyard patio. Mud room. Three-car split garage.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76065, Midlothian, TX area.

Housing Distribution

Housing Statistics

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