1502 Burlingame DrRockwallTX75087
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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 1502 Burlingame Dr, Rockwall, TX, 75087 at $539,900 posts ROI 36.61% with $2,450/mo cash flow from $6,336/mo rent. Total monthly income equals $6,336/mo, and annual cash flow records $29,405/yr on $177,627 to close. Return on cash invested measures 36.61% and rental yield reads 14.08% at the current $539,900. Equity gained on principal adds $3,484/yr, and 5% annual appreciation supports $149,164 by year five. Five-year ROI prints 193.74% and total cumulative return in cash totals $344,131.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,336/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2017
0.31 Acres lot
$N/A/sqft
$550 annually 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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Listed by: Lisa Henry-Weaver • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20640997
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.