403 Gingerbread Ln, Waxahachie, TX, 75165 | $725/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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403 Gingerbread Ln, Waxahachie, TX, 75165 | $725/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Waxahachie at 403 Gingerbread Ln, Waxahachie, TX, 75165 priced at $340,000 pairs $3,143/mo rent with $725/mo cash flow after a $1,664/mo payment. Total monthly income equals $3,143/mo, and annual cash flow comes to $8,704/yr on $112,710 invested. Return on cash invested is 27.63% in year one, and rental yield stands at 11.09% on a $340,000 basis. Equity gained on principal adds $2,194/yr, and 5% annual appreciation accumulates to $93,936 by year five. Five-year ROI measures 145.49% and total cumulative return in cash reaches $163,986. For financing, Ziffy Mortgage’s DSCR program evaluates $3,143/mo property income against a $1,664/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1976

8,755 sqft lot

$N/A/sqft

No HOA

More details about the property

Spacious home perfect for a growing family! Conveniently located just walking distance from the golf course with quick access to Hwy 287 and I-35. The kitchen is equipped with granite countertops, a classic subway tile backsplash. Enjoy vinyl wood-look flooring throughout much of the home. All four bedrooms are generously sized, with the primary suite located downstairs featuring a large walk-in closet and granite in the bathrooms. Upstairs you'll find three oversized bedrooms.The open-concept main living area includes a cozy fireplace and flows seamlessly into the dining space. Step outside to a big, fenced-in backyard with a storage building, and plenty of room to relax or play. Bonus room downstairs is perfect for a home gym, study, or hobby space. Live near the golf course and enjoy a central location with room to spread out! HVAC (2023) , Water Heater (2020) Seller Paid Rate Buy Down Aswell

Neighborhood Data

Neighborhood data shown for ZIP Code: 75165, Waxahachie, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,815 (100%)
Owner Occupied HU	14,366 (65.9%)
Renter Occupied HU	6,168 (28.3%)
Vacant Housing Units	1,281 ( 5.9%)
Median Home Value	$351,258
Average Home Value	$396,397