3617 Cherrybark 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
Rental property for sale in Midlothian at 3617 Cherrybark Ln, Midlothian, TX, 76065 offers $3,850/mo rent that, after a $3,720/mo payment. Total monthly income is $3,850/mo. Return on cash invested measures 12.6% in year one, and rental yield stands at 6.08% at a $760,000 entry. Equity gained on principal adds $4,904/yr while 5% annual appreciation compounds into $209,974 by year five. Five-year ROI records 64.84% and total cumulative return in cash reaches $162,121. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,850/mo property income versus a $3,720/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
1.04 Acres 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: Logan White • Rogers Healy and Associates
Mls Name: NTREIS
Mls ID: #20988517