1702 Veneto 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 1702 Veneto Dr, Rockwall, TX, 75032 listed at $555,000 pairs $5,183/mo rent with a $2,716/mo payment to leave $1,237/mo cash flow. Total monthly income runs $5,183/mo, and annual cash flow reaches $14,841/yr on $182,595 cash to close. Return on cash invested measures 28.19% in year one, and rental yield registers 11.21% at a $555,000 basis. Equity gained on principal adds $3,581/yr, and annual property appreciation at 5% supports $153,336 by year five. Five-year ROI tracks 148.42% and total cumulative return in cash totals $271,004. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,183/mo property income relative to a $2,716/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
8,624 sqft lot
$N/A/sqft
No 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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