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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 960 High Knoll Dr, Midlothian, TX, 76065 offers a 11.27% rental yield on a $428,000 purchase with $4,020/mo rent. Total monthly income registers $4,020/mo, and a $2,095/mo payment leaves $976/mo available for distribution. Annual cash flow reaches $11,715/yr on $141,882 to close, and return on cash invested stands at 28.17% in year one. Equity gained on principal adds $2,762/yr while 5% annual appreciation supports $118,249 over five years. Portfolio math shows five-year ROI at 148.35% and total cumulative return in cash at $210,479. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,020/mo property income against a $2,095/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.50 Acres 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Sarah Padgett • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #21080425
