Grand South Pointe 3 Car Garage Plan, Somercrest, Midlothian, TX, 76065 | 8.37% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

Grand South Pointe 3 Car Garage Plan, Somercrest, Midlothian, TX, 76065 | 8.37% Rental Yield | Ziffy

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

5 Bed
4 Bath
3529 sft

821 Hat Creek Dr #5DP3OQ, Midlothian, TX, 76065

5 Bed
3 Bath
2522 sft

6241 Vicney Ln, Midlothian, TX, 76065

4 Bed
4 Bath
3445 sft

201 Panther Peak Dr, Midlothian, TX, 76065

4 Bed
3 Bath
3049 sft

4610 Saddlehorn Dr, Midlothian, TX, 76065

Nearby investment properties with comparable prices

4 Bed
4 Bath
2996 sft

1230 Poppie Ln, Midlothian, TX, 76065

4 Bed
4 Bath
2996 sft

6260 La Paz Ranch Rd, Midlothian, TX, 76065

3 Bed
4 Bath
3372 sft

2716 Windsor Oaks Ln, Cleburne, TX, 76031

4 Bed
3 Bath
2992 sft

6251 La Paz Ranch Rd, Midlothian, TX, 76065

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Midlothian at Grand South Pointe 3 Car Garage Plan, Somercrest, Midlothian, TX, 76065 with 5% annual appreciation on a $694,400 basis while $4,843/mo rent supports operations. 56% in year one. Equity gained on principal adds $4,481/yr, and five-year appreciation sums $191,850 alongside rental yield of 8.37%. Five-year ROI measures 102.16% and total cumulative return in cash totals $233,385. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,843/mo property income versus a $3,399/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2024

N/A lot

$N/A/sqft

No HOA

More details about the property

Located in the charming city of Midlothian, Texas, Somercrest is a fantastic family-friendly neighborhood that offers the perfect balance of suburban comfort and urban convenience. This community is perfect for those who love outdoor recreation, with an entertainment pavilion and greenbelts that provide the perfect place to relax and unwind. Whether you want to take a leisurely stroll or gather with friends for a barbeque, Somercrest has something for everyone. Families will also appreciate the excellent education opportunities in the area, with children attending schools in the highly-regarded Midlothian school district. And with convenient access to US 287 and I-35, commuting to work or traveling to nearby cities is a breeze. When it comes to finding the perfect home in Somercrest, there are plenty of options to choose from. Homes range from 3 to 6 bedrooms with 2,300 to 4,800 square feet of living space, providing plenty of room for families of all sizes. And with 2 and 3 car garage options, there's ample space for vehicles, storage, and hobbies.Overall, Somercrest is a welcoming and vibrant community that offers a great quality of life for its residents. Somercrest is an excellent choice for anyone seeking a comfortable, convenient, and family-friendly neighborhood in the heart of Texas.

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