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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 942 Pheasant Dr, Midlothian, TX, 76065 offers a 10.95% rental yield on a $325,000 purchase with $2,966/mo rent. Total monthly income registers $2,966/mo, and a $1,591/mo payment leaves $655/mo available for distribution. Annual cash flow reaches $7,855/yr on $107,738 to close, and return on cash invested stands at 27.2% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 143.16% and total cumulative return in cash at $154,237. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,966/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
7,623 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 |
|---|---|---|
| 2025-07-08 | Listed for sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-09 | $4218.07 | 10.68% | $301,338 | 10.88% |
| 2023-07-09 | $3811.10 | -18.61% | $271,770 | 10.00% |
| 2022-07-09 | $4682.23 | N/A | $247,064 | 5.55% |
Listed by: Brandon Reichenau • RE/MAX FRONTIER
Mls Name: NTREIS
Mls ID: #20991909
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.
