Cherry Plan, Westside Preserve - 60ft. lotsMidlothianTX76065
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
lots, Midlothian, TX, 76065 priced at $476,000 pairs $6,659/mo rent with $3,274/mo cash flow after a $2,330/mo payment. Total monthly income equals $6,659/mo, and annual cash flow comes to $39,286/yr on $157,794 invested. Return on cash invested is 44.81% in year one, and rental yield stands at 16.79% on a $476,000 basis. Equity gained on principal adds $3,072/yr, and 5% annual appreciation accumulates to $131,510 by year five. Five-year ROI measures 237.55% and total cumulative return in cash reaches $374,841. For financing, Ziffy Mortgage’s DSCR program evaluates $6,659/mo property income against a $2,330/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76065, Midlothian, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,533
Single Family
16,402
Multi-Family
1,131
Businesses
1,208
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Listed by: N/A • Kindred Homes
Mls Name: Kindred Homes
Mls ID: #N/A