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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 5609 Iceberg Ct, Midlothian, TX, 76065 generates $3,716/mo in rent and, after a $2,398/mo payment, leaves $200/mo in cash flow. Total monthly income is $3,716/mo, and annual cash flow is $2,400/yr on $162,402 invested. Return on cash invested sits at 21.39% in year one, and rental yield is 9.1% on a $489,900 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation builds toward $135,350 over five years. Five-year ROI reaches 112.05% and total cumulative return in cash sums $181,973. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,716/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
10,105 sqft lot
$N/A/sqft
$385 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 |
|---|---|---|
| 2024-05-04 | Price change | $489,900 |
| 2024-03-01 | Price change | $500,000 |
| 2024-02-01 | Listed for sale | $520,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $463,694 | 10.00% |
| 2023-12-27 | $6505.88 | -12.77% | $421,540 | 10.00% |
| 2022-12-27 | $7458.57 | N/A | $383,218 | 10.00% |
Listed by: Celestina Hillock • Ebby Halliday Realtors
Mls Name: NTREIS
Mls ID: #20520158
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.
