3148 Fm 66WaxahachieTX75167
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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 3148 Fm 66, Waxahachie, TX, 75167 generates $7,885/mo in rent and, after a $3,524/mo payment, leaves $2,765/mo in cash flow. Total monthly income is $7,885/mo, and annual cash flow is $33,180/yr on $236,880 invested. Return on cash invested sits at 34.07% in year one, and rental yield is 13.14% on a $720,000 entry. Equity gained on principal adds $4,646/yr, while 5% annual appreciation builds toward $198,923 over five years. Five-year ROI reaches 179.94% and total cumulative return in cash sums $426,247. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,885/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
6.52 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: Rhonda Lang • HomeSmart Stars
Mls Name: NTREIS
Mls ID: #20968647
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.