1900 Broken Lance LnRockwallTX75032
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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 1900 Broken Lance Ln, Rockwall, TX, 75032 earns from $5,342/mo rent with a $7,170/mo payment. Total monthly income totals $5,342/mo. ROI tracks 7.33% on current figures, and rental yield reads 4.38% at a $1,465,000 purchase. Equity gained on principal adds $9,453/yr, and 5% annual appreciation supports $404,752 over five years. Five-year ROI reaches 36.61% and total cumulative return in cash sums $173,763. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,342/mo property income instead of your personal income.
Single Family
Built in 1999
1.49 Acres lot
$N/A/sqft
$990 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: Patty Turner • Keller Williams Rockwall
Mls Name: NTREIS
Mls ID: #20900048
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.