613 Majestic Oak Ln #XK03H1WaxahachieTX75165
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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 613 Majestic Oak Ln #XK03H1, Waxahachie, TX, 75165 generates $4,720/mo in rent and, after a $2,874/mo payment, leaves $544/mo in cash flow. Total monthly income is $4,720/mo, and annual cash flow is $6,533/yr on $193,189 invested. Return on cash invested sits at 23.44% in year one, and rental yield is 9.65% on a $587,200 entry. Equity gained on principal adds $3,789/yr, while 5% annual appreciation builds toward $162,233 over five years. Five-year ROI reaches 122.98% and total cumulative return in cash sums $237,577. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,720/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
N/A 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: N/A • N/A
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