1513 Timber Ridge DrRockwallTX75032
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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 1513 Timber Ridge Dr, Rockwall, TX, 75032 listed at $320,000 pairs $3,126/mo rent with a $1,566/mo payment to leave $819/mo cash flow. Total monthly income runs $3,126/mo, and annual cash flow reaches $9,824/yr on $106,080 cash to close. Return on cash invested measures 29.17% in year one, and rental yield registers 11.72% at a $320,000 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 153.85% and total cumulative return in cash totals $163,203. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,126/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
7,579 sqft lot
$N/A/sqft
$96 quarterly 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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Listed by: Sergio Rocha • United Real Estate
Mls Name: NTREIS
Mls ID: #21047309
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.