113 Bob White CtRockwallTX75087
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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 Rockwall at 113 Bob White Ct, Rockwall, TX, 75087 offers a 10.24% rental yield on a $434,600 purchase with $3,708/mo rent. Total monthly income registers $3,708/mo, and a $2,127/mo payment leaves $589/mo available for distribution. Annual cash flow reaches $7,064/yr on $144,070 to close, and return on cash invested stands at 24.81% in year one. Equity gained on principal adds $2,804/yr while 5% annual appreciation supports $120,072 over five years. Portfolio math shows five-year ROI at 130.43% and total cumulative return in cash at $187,915. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,708/mo property income against a $2,127/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
8,799 sqft lot
$N/A/sqft
$29 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75087, Rockwall, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,219 (100%) |
| Owner Occupied HU | 13,800 (80.1%) |
| Renter Occupied HU | 2,757 (16.0%) |
| Vacant Housing Units | 662 ( 3.8%) |
| Median Home Value | $417,129 |
| Average Home Value | $460,778 |
Housing Distribution
Address Breakdown
Residential
17,017
Single Family
15,180
Multi-Family
1,837
Businesses
1,839
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