








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Waxahachie at 405 Brown St, Waxahachie, TX, 75165 offers $1,794/mo rent that, after a $1,319/mo payment. Total monthly income is $1,794/mo. Return on cash invested measures 18.27% in year one, and rental yield stands at 7.99% at a $269,500 entry. Equity gained on principal adds $1,739/yr while 5% annual appreciation compounds into $74,458 by year five. Five-year ROI records 95.26% and total cumulative return in cash reaches $85,104. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,794/mo property income versus a $1,319/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
5,488 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75165, Waxahachie, TX area.
| 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 |
Residential
21,540
Single Family
18,284
Multi-Family
3,256
Businesses
1,381
Date | Event | Price |
|---|---|---|
| 2025-02-10 | Price change | $269,500 |
| 2025-01-27 | Price change | $271,500 |
| 2025-01-20 | Price change | $273,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $207,323 | -18.66% |
| 2023-02-13 | $4017.37 | -15.45% | $254,879 | 20.83% |
| 2022-02-13 | $4751.70 | N/A | $210,937 | 15.40% |



Listed by: JL Smith • Hi View Real Estate
Mls Name: NTREIS
Mls ID: #20690238
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.