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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 6270 La Paz Ranch Rd, Midlothian, TX, 76065 generates $6,953/mo in rent and, after a $3,544/mo payment, leaves $1,775/mo in cash flow. Total monthly income is $6,953/mo, and annual cash flow is $21,300/yr on $238,196 invested. Return on cash invested sits at 29% in year one, and rental yield is 11.52% on a $724,000 entry. Equity gained on principal adds $4,672/yr, while 5% annual appreciation builds toward $200,028 over five years. Five-year ROI reaches 152.83% and total cumulative return in cash sums $364,047. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,953/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
1.05 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 |
|---|---|---|
| 2024-05-21 | Listed for sale | $724,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Chris Oliver • Oliver Realty
Mls Name: NTREIS
Mls ID: #20620182
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.
