310 Rocky DrWaxahachieTX75167
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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
Rental property for sale in Waxahachie at 310 Rocky Dr, Waxahachie, TX, 75167 priced at $205,000 converts $1,389/mo rent into after a $1,003/mo obligation. Total monthly income equals $1,389/mo. Return on cash invested prints 18.7% in year one, and rental yield reads 8.13% against a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation compiles into $56,638 by year five. Five-year ROI reaches 97.6% and total cumulative return in cash sums $66,330. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,389/mo property income covering a $1,003/mo payment, not borrower’s personal income.
Manufactured
Built in 1998
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75167, Waxahachie, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,713 (100%) |
| Owner Occupied HU | 4,885 (85.5%) |
| Renter Occupied HU | 650 (11.4%) |
| Vacant Housing Units | 178 ( 3.1%) |
| Median Home Value | $474,412 |
| Average Home Value | $517,500 |
Housing Distribution
Address Breakdown
Residential
5,440
Single Family
5,430
Multi-Family
10
Businesses
120
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Listed by: Hannah Conway • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #21092990