Concept 2622 Plan, Villages of Walnut GroveMidlothianTX76065
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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
Rental property for sale in Midlothian at Concept 2622 Plan, Villages of Walnut Grove, Midlothian, TX, 76065 priced at $470,990 converts $5,700/mo rent into $2,351/mo cash flow after a $2,305/mo obligation. Total monthly income equals $5,700/mo, and annual cash flow totals $28,212/yr on $156,133 invested. Return on cash invested prints 37.98% in year one, and rental yield reads 14.52% against a $470,990 entry. Equity gained on principal adds $3,039/yr, while 5% annual appreciation compiles into $130,126 by year five. Five-year ROI reaches 200.93% and total cumulative return in cash sums $313,724. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,700/mo property income covering a $2,305/mo payment, not borrower’s personal income.
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 • Landsea Homes
Mls Name: Landsea Holdings Corp.
Mls Provider:
Mls ID: #N/A