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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 990 Apple Ln, Midlothian, TX, 76065 listed at $550,000 pairs $2,962/mo rent with a $2,692/mo payment. Total monthly income runs $2,962/mo. Return on cash invested measures 13.77% in year one, and rental yield registers 6.46% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 71.08% and total cumulative return in cash totals $128,626. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,962/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
5.17 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 |
|---|---|---|
| 2023-12-20 | Listed for sale | $550,000 |
| 2023-07-28 | Listing removed | N/A |
| 2023-06-22 | Listed for sale | $550,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $1640.33 | -43.28% | $226,287 | 9.97% |
| 2022-08-14 | $2892.03 | N/A | $205,771 | 12.51% |
| 2021-08-14 | N/A | N/A | $182,892 | 10.00% |
Listed by: Ashley Dugas • Robert Elliott and Associates
Mls Name: NTREIS
Mls ID: #20361667
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.
