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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Rowlett at 2906 Carla Dr, Rowlett, TX, 75088 earns $5,426/mo cash flow from $8,803/mo rent with a $2,324/mo payment. Total monthly income totals $8,803/mo, and annual cash flow totals $65,116/yr on $157,429 capital. ROI tracks 61.27% on current figures, and rental yield reads 22.24% at a $474,900 purchase. Equity gained on principal adds $3,064/yr, and 5% annual appreciation supports $131,206 over five years. Five-year ROI reaches 325.87% and total cumulative return in cash sums $513,011. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,803/mo property income instead of your personal income.
Single Family
Built in 1994
9,844 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75088, Rowlett, TX area.
| 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 |
Residential
11,663
Single Family
9,146
Multi-Family
2,517
Businesses
915
Date | Event | Price |
|---|---|---|
| 2024-10-03 | Listed for sale | $474,900 |
| 2015-06-17 | Sold | N/A |
| 2015-05-17 | Pending sale | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-18 | $2682.54 | -2.47% | $435,020 | 13.27% |
| 2022-10-18 | $2750.42 | 1.40% | $384,050 | 30.30% |
| 2021-10-18 | $2712.49 | -0.71% | $294,750 | N/A |
Listed by: Cynthia Lopez • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #20733965
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.
