440 Strait LnWaxahachieTX75165
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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 Waxahachie at 440 Strait Ln, Waxahachie, TX, 75165 uses $142,512 cash to close to unlock $1,508/yr annual cash flow and $126/mo monthly cash flow. Total monthly income runs $3,294/mo, and a $2,104/mo payment keeps the spread at $126/mo. Purchase price stands at $429,900, and rental yield measures 9.19% with $3,294/mo rent. Return on cash invested shows 20.97% in year one, and 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 110.07% and total cumulative return in cash records $156,859. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,294/mo property income covering a $2,104/mo payment rather than investor’s personal income.
Single Family
Built in 2020
9,147 sqft lot
$N/A/sqft
$400 annually HOA
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 |
Housing Distribution
Address Breakdown
Residential
21,540
Single Family
18,284
Multi-Family
3,256
Businesses
1,381
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Listed by: Tamika Goree • The DFW Property Shop
Mls Name: NTREIS
Mls ID: #20909548
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.