2213 Loretta LnRowlettTX75088
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
Rental property for sale in Rowlett at 2213 Loretta Ln, Rowlett, TX, 75088 generates $3,588/mo in rent and, after a $1,698/mo payment, leaves $1,121/mo in cash flow. Total monthly income is $3,588/mo, and annual cash flow is $13,452/yr on $114,997 invested. Return on cash invested sits at 31.61% in year one, and rental yield is 12.41% on a $346,900 entry. Equity gained on principal adds $2,238/yr, while 5% annual appreciation builds toward $95,842 over five years. Five-year ROI reaches 166.83% and total cumulative return in cash sums $191,845. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,588/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
7,492 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices