2121 Santa Monica Dr #ZAA4WARowlettTX75088
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Rowlett at 2121 Santa Monica Dr #ZAA4WA, Rowlett, TX, 75088 with 5% annual appreciation on a $477,700 basis while $4,904/mo rent supports operations. Total monthly income totals $4,904/mo and a $2,338/mo payment preserves $1,507/mo for cash returns. Annual cash flow comes to $18,085/yr on $158,358 deployed, and return on cash invested reaches 31.33% in year one. Equity gained on principal adds $3,083/yr, and five-year appreciation sums $131,980 alongside rental yield of 12.32%. Five-year ROI measures 165.31% and total cumulative return in cash totals $261,782.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,904/mo property income versus a $2,338/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75088, Rowlett, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,432 (100%) |
| Owner Occupied HU | 7,683 (67.2%) |
| Renter Occupied HU | 3,296 (28.8%) |
| Vacant Housing Units | 453 ( 4.0%) |
| Median Home Value | $364,593 |
| Average Home Value | $417,506 |
Housing Distribution
Address Breakdown
Residential
11,663
Single Family
9,146
Multi-Family
2,517
Businesses
915
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices