2219 Morris StRockwallTX75087
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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 Rockwall at 2219 Morris St, Rockwall, TX, 75087 generates $5,082/mo in rent and, after a $3,230/mo payment, leaves $318/mo in cash flow. Total monthly income is $5,082/mo, and annual cash flow is $3,813/yr on $217,140 invested. Return on cash invested sits at 21.82% in year one, and rental yield is 9.24% on a $660,000 entry. Equity gained on principal adds $4,259/yr, while 5% annual appreciation builds toward $182,346 over five years. Five-year ROI reaches 114.4% and total cumulative return in cash sums $248,409. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,082/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
7,405 sqft lot
$N/A/sqft
$855 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75087, Rockwall, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,219 (100%) |
| Owner Occupied HU | 13,800 (80.1%) |
| Renter Occupied HU | 2,757 (16.0%) |
| Vacant Housing Units | 662 ( 3.8%) |
| Median Home Value | $417,129 |
| Average Home Value | $460,778 |
Housing Distribution
Address Breakdown
Residential
17,017
Single Family
15,180
Multi-Family
1,837
Businesses
1,839
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Listed by: Ben Caballero • HomesUSA.com
Mls Name: NTREIS
Mls ID: #21065553
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.