Lake Forest - 3 Car Garage Plan, Somercrest, Midlothian, TX, 76065 | $25/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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Lake Forest - 3 Car Garage Plan, Somercrest, Midlothian, TX, 76065 | $25/mo Cash Flow | Ziffy

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NMLS #2625701

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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

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Investment Highlights

Total monthly income equals $5,170/mo, and annual cash flow totals $306/yr on $237,999 invested. Return on cash invested prints 20.19% in year one, and rental yield reads 8.58% against a $723,400 entry. Equity gained on principal adds $4,668/yr, while 5% annual appreciation compiles into $199,862 by year five. Five-year ROI reaches 105.53% and total cumulative return in cash sums $251,166. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,170/mo property income covering a $3,541/mo payment, not borrower’s personal income.

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