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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Midlothian at 4434 Drip Channel Rd, Midlothian, TX, 76065 offers $4,020/mo rent that, after a $4,038/mo payment. Total monthly income is $4,020/mo. Return on cash invested measures 11.62% in year one, and rental yield stands at 5.85% at a $825,000 entry. Equity gained on principal adds $5,324/yr while 5% annual appreciation compounds into $227,932 by year five. Five-year ROI records 59.67% and total cumulative return in cash reaches $161,961. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,020/mo property income versus a $4,038/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.33 Acres lot
$N/A/sqft
$750 annually HOA
Neighborhood data shown for ZIP Code: 76065, Midlothian, TX area.
| 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 |
Residential
17,533
Single Family
16,402
Multi-Family
1,131
Businesses
1,208
Date | Event | Price |
|---|---|---|
| 2024-10-31 | Listed for sale | $825,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $79,200 | -10.00% |
| 2023-12-27 | $2315.93 | N/A | $88,000 | N/A |
Listed by: Leigh Brodner • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20765865
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.
