510 N D Ranch RdWaxahachieTX76064
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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 510 N D Ranch Rd, Waxahachie, TX, 76064 priced at $1,150,000 converts $1,858/mo rent into after a $5,629/mo obligation. Total monthly income equals $1,858/mo. Return on cash invested prints 0.02% in year one, and rental yield reads 1.94% against a $1,150,000 entry. Equity gained on principal adds $7,421/yr, while 5% annual appreciation compiles into $317,724 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,858/mo property income covering a $5,629/mo payment, not borrower’s personal income.
Single Family
Built in 1983
41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76064, Maypearl, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 702 (100%) |
| Owner Occupied HU | 553 (78.8%) |
| Renter Occupied HU | 128 (18.2%) |
| Vacant Housing Units | 21 ( 3.0%) |
| Median Home Value | $450,342 |
| Average Home Value | $489,259 |
Housing Distribution
Address Breakdown
Residential
413
Single Family
413
Multi-Family
0
Businesses
61
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Listed by: Ann Weaver • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #21089920