1610 Encanto TrlRockwallTX75087
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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 1610 Encanto Trl, Rockwall, TX, 75087 at $629,000 posts ROI 10.65% with from $3,208/mo rent. Total monthly income equals $3,208/mo. Return on cash invested measures 10.65% and rental yield reads 6.12% at the current $629,000. Equity gained on principal adds $4,059/yr, and 5% annual appreciation supports $173,781 by year five. Five-year ROI prints 55.14% and total cumulative return in cash totals $114,105. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,208/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2020
N/A lot
$N/A/sqft
$357 monthly 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: Brenda Byboth • Jeanie Marten Real Estate
Mls Name: NTREIS
Mls ID: #20756001
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.