1607 Mannheim 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 1607 Mannheim Dr, Rockwall, TX, 75032 listed at $522,900 pairs $3,606/mo rent with a $2,559/mo payment. Total monthly income runs $3,606/mo. Return on cash invested measures 18.93% in year one, and rental yield registers 8.28% at a $522,900 basis. Equity gained on principal adds $3,374/yr, and annual property appreciation at 5% supports $144,468 by year five. Five-year ROI tracks 98.9% and total cumulative return in cash totals $170,133. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,606/mo property income relative to a $2,559/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
1.45 Acres lot
$N/A/sqft
$50 monthly 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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