617 Majestic Oak Ln #Njr2o6WaxahachieTX75165
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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
Investment property for sale in Waxahachie at 617 Majestic Oak Ln #Njr2o6, Waxahachie, TX, 75165 uses $159,385 cash to close to unlock $2,079/yr annual cash flow and $173/mo monthly cash flow. Total monthly income runs $3,592/mo, and a $2,353/mo payment keeps the spread at $173/mo. Purchase price stands at $480,800, and rental yield measures 8.97% with $3,592/mo rent. Return on cash invested shows 21.21% in year one, and 5% annual appreciation builds toward $132,836 over five years. Five-year ROI reaches 111.07% and total cumulative return in cash records $177,028. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,592/mo property income covering a $2,353/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75165, Waxahachie, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,815 (100%) |
| Owner Occupied HU | 14,366 (65.9%) |
| Renter Occupied HU | 6,168 (28.3%) |
| Vacant Housing Units | 1,281 ( 5.9%) |
| Median Home Value | $351,258 |
| Average Home Value | $396,397 |
Housing Distribution
Address Breakdown
Residential
21,540
Single Family
18,284
Multi-Family
3,256
Businesses
1,381
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Listed by: N/A • N/A
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Mls ID: #N/A