2908 Wallis DrMelissaTX75165
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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
Investment Highlights
Investment property for sale in Melissa at 2908 Wallis Dr, Melissa, TX, 75165 listed at $722,075 pairs $3,670/mo rent with a $3,534/mo payment. Total monthly income runs $3,670/mo. Return on cash invested measures 12.66% in year one, and rental yield registers 6.1% at a $722,075 basis. Equity gained on principal adds $4,659/yr, and annual property appreciation at 5% supports $199,496 by year five. Five-year ROI tracks 65.17% and total cumulative return in cash totals $154,810. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,670/mo property income relative to a $3,534/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
7,836 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75165, Waxahachie, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
21,540
Single Family
18,284
Multi-Family
3,256
Businesses
1,381
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