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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 Ennis at 902 Fairbanks Dr, Ennis, TX, 75119 listed at $296,490 pairs $2,220/mo rent with a $1,451/mo payment to leave $89/mo cash flow. Total monthly income runs $2,220/mo, and annual cash flow reaches $1,066/yr on $98,286 cash to close. Return on cash invested measures 20.99% in year one, and rental yield registers 8.99% at a $296,490 basis. Equity gained on principal adds $1,913/yr, and annual property appreciation at 5% supports $81,915 by year five. Five-year ROI tracks 109.97% and total cumulative return in cash totals $108,086. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,220/mo property income relative to a $1,451/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
5,749 sqft lot
$N/A/sqft
$275 annually HOA
Neighborhood data shown for ZIP Code: 75119, Ennis, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,156 (100%) |
| Owner Occupied HU | 6,955 (62.3%) |
| Renter Occupied HU | 3,633 (32.6%) |
| Vacant Housing Units | 568 ( 5.1%) |
| Median Home Value | $283,970 |
| Average Home Value | $318,336 |
Residential
11,994
Single Family
10,557
Multi-Family
1,437
Businesses
767
Date | Event | Price |
|---|---|---|
| 2025-07-14 | Listed for sale | $296,490 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kim Reasor • Jeanette Anderson Real Estate
Mls Name: NTREIS
Mls ID: #20999917
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.
