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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 Ennis at 923 Carrick Dr, Ennis, TX, 75119 generates $2,220/mo in rent and, after a $1,165/mo payment, leaves $448/mo in cash flow. Total monthly income is $2,220/mo, and annual cash flow is $5,379/yr on $78,894 invested. Return on cash invested sits at 26.73% in year one, and rental yield is 11.19% on a $237,992 entry. Equity gained on principal adds $1,536/yr, while 5% annual appreciation builds toward $65,753 over five years. Five-year ROI reaches 141.1% and total cumulative return in cash sums $111,320. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,220/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
5,061 sqft lot
$N/A/sqft
$950 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 |
|---|---|---|
| 2025-05-28 | Listed for sale | $237,992 |
| 2025-05-28 | Listing removed | $237,992 |
| 2025-05-27 | Price change | $237,992 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jared Turner • Turner Mangum LLC
Mls Name: NTREIS
Mls ID: #20950343
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.
