2841 Tangleglen 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 2841 Tangleglen Dr, Rockwall, TX, 75032 generates $3,598/mo in rent and, after a $1,835/mo payment, leaves $932/mo in cash flow. Total monthly income is $3,598/mo, and annual cash flow is $11,181/yr on $124,313 invested. Return on cash invested sits at 28.9% in year one, and rental yield is 11.51% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 152.28% and total cumulative return in cash sums $189,303. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,598/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
7,361 sqft 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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