224 Devonport DrRockwallTX75032
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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
Total monthly income runs $4,066/mo, and a $3,255/mo payment. Purchase price stands at $665,000, and rental yield measures 7.34% with $4,066/mo rent. Return on cash invested shows 16.42% in year one, and 5% annual appreciation builds toward $183,727 over five years. Five-year ROI reaches 85.33% and total cumulative return in cash records $186,691. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,066/mo property income covering a $3,255/mo payment rather than investor’s personal income.
Single Family
Built in 2020
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75032, Rockwall, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,162 (100%) |
| Owner Occupied HU | 10,746 (70.9%) |
| Renter Occupied HU | 3,615 (23.8%) |
| Vacant Housing Units | 801 ( 5.3%) |
| Median Home Value | $528,692 |
| Average Home Value | $584,841 |
Housing Distribution
Address Breakdown
Residential
14,792
Single Family
12,789
Multi-Family
2,003
Businesses
738
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