2210 Balboa DrRowlettTX75088
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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
Rental property for sale in Rowlett at 2210 Balboa Dr, Rowlett, TX, 75088 generates $5,618/mo in rent and, after a $3,377/mo payment, leaves $591/mo in cash flow. Total monthly income is $5,618/mo, and annual cash flow is $7,086/yr on $227,010 invested. Return on cash invested sits at 23.18% in year one, and rental yield is 9.77% on a $690,000 entry. Equity gained on principal adds $4,452/yr, while 5% annual appreciation builds toward $190,634 over five years. Five-year ROI reaches 121.82% and total cumulative return in cash sums $276,536. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,618/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
6,751 sqft lot
$N/A/sqft
$363 quarterly 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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Listed by: Koushal Parikh • Repeat Realty, LLC
Mls Name: NTREIS
Mls ID: #20770003
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.