2348 Flora 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
Rental property for sale in Rockwall at 2348 Flora Dr, Rockwall, TX, 75032 generates $3,730/mo in rent, after a $2,601/mo payment. Total monthly income is $3,730/mo. Return on cash invested sits at 17.45% in year one, and rental yield is 8.42% on a $531,440 entry. Equity gained on principal adds $3,429/yr, while 5% annual appreciation builds toward $146,827 over five years. Five-year ROI reaches 91.64% and total cumulative return in cash sums $160,227. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,730/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
7,405 sqft lot
$N/A/sqft
$996 quarterly 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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Listed by: Dina Verteramo • HIGHLAND HOMES REALTY
Mls Name: NTREIS
Mls ID: #21137973
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.