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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% |
Investment property for sale in Waxahachie at 310 Myrtle Ave, Waxahachie, TX, 75165 uses $106,080 cash to close to unlock $4,376/yr annual cash flow and $365/mo monthly cash flow. Total monthly income runs $2,640/mo, and a $1,566/mo payment keeps the spread at $365/mo. Purchase price stands at $320,000, and rental yield measures 9.9% with $2,640/mo rent. Return on cash invested shows 24.03% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 126.17% and total cumulative return in cash records $133,839. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1997
8,189 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 |
|---|---|---|
| 2025-04-04 | Listed for sale | $320,000 |
| 2022-12-23 | Sold | N/A |
| 2022-12-06 | Pending sale | $280,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-04 | $3613.88 | -8.10% | $253,821 | -5.36% |
| 2023-04-04 | $3932.47 | 87.54% | $268,209 | 39.13% |
| 2022-04-04 | $2096.87 | N/A | $192,775 | 10.00% |
Listed by: Leslie Majors • Legacy Realty Group
Mls Name: NTREIS
Mls ID: #20892710
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.
