1438 Audobon LnRockwallTX75087
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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 1438 Audobon Ln, Rockwall, TX, 75087 generates $3,086/mo in rent and, after a $1,958/mo payment, leaves $241/mo in cash flow. Total monthly income is $3,086/mo, and annual cash flow is $2,896/yr on $132,600 invested. Return on cash invested sits at 22.09% in year one, and rental yield is 9.26% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 115.79% and total cumulative return in cash sums $153,532. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,086/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
0.32 Acres lot
$N/A/sqft
No 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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