500 Oldham StWaxahachieTX75165
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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
Rental property for sale in Waxahachie at 500 Oldham St, Waxahachie, TX, 75165 offers $5,498/mo rent that, after a $7,831/mo payment. Total monthly income is $5,498/mo. Return on cash invested measures 6.76% in year one, and rental yield stands at 4.12% at a $1,600,000 entry. Equity gained on principal adds $10,325/yr while 5% annual appreciation compounds into $442,051 by year five. Five-year ROI records 33.47% and total cumulative return in cash reaches $173,511. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,498/mo property income versus a $7,831/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1885
0.49 Acres lot
$N/A/sqft
No 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: Jim Lake • Jim Lake Company
Mls Name: NTREIS
Mls ID: #20432501
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.