622 Grove Park LnMidlothianTX76065
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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 Midlothian at 622 Grove Park Ln, Midlothian, TX, 76065 at $385,000 posts ROI 19.3% with from $2,673/mo rent. Total monthly income equals $2,673/mo. Return on cash invested measures 19.3% and rental yield reads 8.33% at the current $385,000. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 by year five. Five-year ROI prints 100.81% and total cumulative return in cash totals $128,662. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,673/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76065, Midlothian, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,533
Single Family
16,402
Multi-Family
1,131
Businesses
1,208
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Listed by: Meme Bennett • Ultima Real Estate
Mls Name: NTREIS
Mls ID: #21091800