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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Midlothian at Tbd1 Clovis St, Midlothian, TX, 76065 with 5% annual appreciation on a $707,000 basis while $5,990/mo rent supports operations. Total monthly income totals $5,990/mo and a $3,460/mo payment preserves $900/mo for cash returns. Annual cash flow comes to $10,804/yr on $232,603 deployed, and return on cash invested reaches 24.7% in year one. Equity gained on principal adds $4,562/yr, and five-year appreciation sums $195,331 alongside rental yield of 10.17%. Five-year ROI measures 129.88% and total cumulative return in cash totals $302,093.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,990/mo property income versus a $3,460/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 2024
1.14 Acres lot
$N/A/sqft
$750 annually HOA
Neighborhood data shown for ZIP Code: 76065, Midlothian, TX area.
| 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 |
Residential
17,533
Single Family
16,402
Multi-Family
1,131
Businesses
1,208
Date | Event | Price |
|---|---|---|
| 2024-07-03 | Listed for sale | $707,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Erion Shehaj • Signature Real Estate
Mls Name: NTREIS
Mls ID: #20664518
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
