3257W Plan, Lakes of Somercrest 60'MidlothianTX76065
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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
Investment property for sale in Midlothian at 3257W Plan, Lakes of Somercrest 60', Midlothian, TX, 76065 uses $199,999 cash to close to unlock $37,050/yr annual cash flow and $3,087/mo monthly cash flow. Total monthly income runs $7,410/mo, and a $2,975/mo payment keeps the spread at $3,087/mo. Purchase price stands at $607,900, and rental yield measures 14.63% with $7,410/mo rent. Return on cash invested shows 38.59% in year one, and 5% annual appreciation builds toward $167,952 over five years. Five-year ROI reaches 204.18% and total cumulative return in cash records $408,368. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,410/mo property income covering a $2,975/mo payment rather than investor’s personal income.
Single Family
Built in 2024
N/A 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
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Listed by: N/A • PERRY HOMES
Mls Name: Perry Homes
Mls Provider:
Mls ID: #N/A