1202 Rockwater DrDecaturTX76234
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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 Decatur at 1202 Rockwater Dr, Decatur, TX, 76234 uses $111,049 cash to close to unlock $5,297/yr annual cash flow and $441/mo monthly cash flow. Total monthly income runs $2,824/mo, and a $1,640/mo payment keeps the spread at $441/mo. Purchase price stands at $334,990, and rental yield measures 10.12% with $2,824/mo rent. Return on cash invested shows 24.68% in year one, and 5% annual appreciation builds toward $92,552 over five years. Five-year ROI reaches 129.66% and total cumulative return in cash records $143,981. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,824/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 2025
8,947 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76234, Decatur, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,060 (100%) |
| Owner Occupied HU | 5,721 (71.0%) |
| Renter Occupied HU | 1,737 (21.6%) |
| Vacant Housing Units | 602 ( 7.5%) |
| Median Home Value | $402,786 |
| Average Home Value | $464,320 |
Housing Distribution
Address Breakdown
Residential
8,074
Single Family
7,756
Multi-Family
318
Businesses
1,018
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