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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% |
Investment property for sale in Midlothian at 6021 Kolter Ln, Midlothian, TX, 76065 earns $1,316/mo cash flow from $7,603/mo rent with a $4,307/mo payment. Total monthly income totals $7,603/mo, and annual cash flow totals $15,797/yr on $289,487 capital. ROI tracks 25.52% on current figures, and rental yield reads 10.37% at a $879,900 purchase. Equity gained on principal adds $5,678/yr, and 5% annual appreciation supports $243,100 over five years. Five-year ROI reaches 134.15% and total cumulative return in cash sums $388,357. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,603/mo property income instead of your personal income.
Single Family
Built in 2013
1.15 Acres lot
$N/A/sqft
$350 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 |
|---|---|---|
| 2024-07-25 | Listed for sale | $879,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $9867.08 | -11.78% | $615,745 | 10.00% |
| 2022-08-14 | $11184.21 | N/A | $559,768 | 10.00% |
| 2021-08-14 | N/A | N/A | $508,880 | 8.57% |
Listed by: Jeremy Johnson • Rendon Realty, LLC
Mls Name: NTREIS
Mls ID: #20683729
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.
