1734 Preakness 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 1734 Preakness Dr, Rockwall, TX, 75032 earns $1,257/mo cash flow from $5,105/mo rent with a $2,594/mo payment. Total monthly income totals $5,105/mo, and annual cash flow totals $15,084/yr on $174,370 capital. ROI tracks 28.71% on current figures, and rental yield reads 11.56% at a $530,000 purchase. Equity gained on principal adds $3,420/yr, and 5% annual appreciation supports $146,429 over five years. Five-year ROI reaches 151.42% and total cumulative return in cash sums $264,031. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,105/mo property income instead of your personal income.
Single Family
Built in 2015
6,050 sqft lot
$N/A/sqft
$950 annually 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: Justin Carpenter • Bray Real Estate Group- Dallas
Mls Name: NTREIS
Mls ID: #20658108
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.