600 Hanover DrWaxahachieTX75165
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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 600 Hanover Dr, Waxahachie, TX, 75165 uses $92,820 cash to close to unlock $9,064/yr annual cash flow and $755/mo monthly cash flow. Total monthly income runs $2,746/mo, and a $1,370/mo payment keeps the spread at $755/mo. Purchase price stands at $280,000, and rental yield measures 11.77% with $2,746/mo rent. Return on cash invested shows 29.67% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 156.45% and total cumulative return in cash records $145,221. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,746/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1996
9,570 sqft 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: Eric Keathly • Texas Premier Realty North Cen
Mls Name: NTREIS
Mls ID: #20927722
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.