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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 706 Shelby Pl, Midlothian, TX, 76065 earns from $3,308/mo rent with a $2,741/mo payment. Total monthly income totals $3,308/mo. ROI tracks 14.6% on current figures, and rental yield reads 7.09% at a $560,000 purchase. Equity gained on principal adds $3,614/yr, and 5% annual appreciation supports $154,718 over five years. Five-year ROI reaches 75.95% and total cumulative return in cash sums $139,937. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,308/mo property income instead of your personal income.
Single Family
Built in 2014
5,749 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-04-15 | Listed for sale | $560,000 |
| 2019-09-13 | Listing removed | $379,900 |
| 2019-09-03 | Pending sale | $379,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-15 | $11268.83 | 0.34% | $531,325 | 1.80% |
| 2023-04-15 | $11230.64 | 10.82% | $521,935 | 21.57% |
| 2022-04-15 | $10134.04 | N/A | $429,323 | 19.29% |
Listed by: Julia Carnahan • Orchard Brokerage, LLC
Mls Name: NTREIS
Mls ID: #20874414
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.
