3429 Herd WayMidlothianTX76065
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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 Midlothian at 3429 Herd Way, Midlothian, TX, 76065 generates $3,707/mo in rent, after a $2,568/mo payment. Total monthly income is $3,707/mo. Return on cash invested sits at 19.89% in year one, and rental yield is 8.48% on a $524,700 entry. Equity gained on principal adds $3,386/yr, while 5% annual appreciation builds toward $144,965 over five years. Five-year ROI reaches 103.94% and total cumulative return in cash sums $179,423. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,707/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
9,104 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
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Listed by: Adriana Magallanes • Ultima Real Estate
Mls Name: NTREIS
Mls ID: #21149106