2209 Randi RdRowlettTX75088
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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 Rowlett at 2209 Randi Rd, Rowlett, TX, 75088 uses $144,203 cash to close to unlock $9,405/yr annual cash flow and $784/mo monthly cash flow. Total monthly income runs $3,877/mo, and a $2,129/mo payment keeps the spread at $784/mo. Purchase price stands at $435,000, and rental yield measures 10.7% with $3,877/mo rent. Return on cash invested shows 26.43% in year one, and 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 139.02% and total cumulative return in cash records $200,472. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,877/mo property income covering a $2,129/mo payment rather than investor’s personal income.
Single Family
Built in 1991
8,145 sqft 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
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