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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 3051 Redden Ln, Midlothian, TX, 76065 offers $3,089/mo rent that, after a $2,138/mo payment. Total monthly income is $3,089/mo. Return on cash invested measures 19.25% in year one, and rental yield stands at 8.48% at a $436,888 entry. Equity gained on principal adds $2,819/yr while 5% annual appreciation compounds into $120,704 by year five. Five-year ROI records 100.72% and total cumulative return in cash reaches $145,865. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,089/mo property income versus a $2,138/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
5,662 sqft lot
$N/A/sqft
$750 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 |
|---|---|---|
| 2025-02-03 | Price change | $436,888 |
| 2024-11-25 | Listed for sale | $472,297 |
| 2024-02-29 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ben Caballero • HomesUSA.com
Mls Name: NTREIS
Mls ID: #20785224
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.
