1118 Via Toscana Lane McLendon #OIHACNRockwallTX75032
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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 Rockwall at 1118 Via Toscana Lane McLendon #OIHACN, Rockwall, TX, 75032 offers $4,237/mo rent that, after a $2,931/mo payment. Total monthly income is $4,237/mo. Return on cash invested measures 19.93% in year one, and rental yield stands at 8.49% at a $598,800 entry. Equity gained on principal adds $3,864/yr while 5% annual appreciation compounds into $165,437 by year five. Five-year ROI records 104.14% and total cumulative return in cash reaches $205,171. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,237/mo property income versus a $2,931/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75032, Rockwall, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,162 (100%) |
| Owner Occupied HU | 10,746 (70.9%) |
| Renter Occupied HU | 3,615 (23.8%) |
| Vacant Housing Units | 801 ( 5.3%) |
| Median Home Value | $528,692 |
| Average Home Value | $584,841 |
Housing Distribution
Address Breakdown
Residential
14,792
Single Family
12,789
Multi-Family
2,003
Businesses
738
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