3202 Canary LnMidlothianTX76065
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Midlothian at 3202 Canary Ln, Midlothian, TX, 76065 listed at $390,000 pairs $3,122/mo rent with a $1,909/mo payment to leave $349/mo cash flow. Total monthly income runs $3,122/mo, and annual cash flow reaches $4,182/yr on $129,285 cash to close. Return on cash invested measures 23.14% in year one, and rental yield registers 9.61% at a $390,000 basis. Equity gained on principal adds $2,517/yr, and annual property appreciation at 5% supports $107,750 by year five. Five-year ROI tracks 121.4% and total cumulative return in cash totals $156,956. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,122/mo property income relative to a $1,909/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
8,363 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76065, Midlothian, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,533
Single Family
16,402
Multi-Family
1,131
Businesses
1,208
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sherri Starr • Fathom Realty LLC
Mls Name: NTREIS
Mls ID: #20923779
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.