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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 289 Sparkling Springs Dr, Waxahachie, TX, 75165 priced at $485,000 converts $3,185/mo rent into after a $2,374/mo obligation. Total monthly income equals $3,185/mo. Return on cash invested prints 17.94% in year one, and rental yield reads 7.88% against a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation compiles into $133,997 by year five. Five-year ROI reaches 93.47% and total cumulative return in cash sums $150,278. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,185/mo property income covering a $2,374/mo payment, not borrower’s personal income.
Single Family
Built in 2022
7,379 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75165, Waxahachie, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,815 (100%) |
| Owner Occupied HU | 14,366 (65.9%) |
| Renter Occupied HU | 6,168 (28.3%) |
| Vacant Housing Units | 1,281 ( 5.9%) |
| Median Home Value | $351,258 |
| Average Home Value | $396,397 |
Residential
21,540
Single Family
18,284
Multi-Family
3,256
Businesses
1,381
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Michelle Grant • Trinity Realty & Investments
Mls Name: NTREIS
Mls ID: #21133532
