3019 Lakeside DrRockwallTX75087
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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
Investment property for sale in Rockwall at 3019 Lakeside Dr, Rockwall, TX, 75087 earns $306/mo cash flow from $2,972/mo rent with a $1,835/mo payment. Total monthly income totals $2,972/mo, and annual cash flow totals $3,669/yr on $124,313 capital. ROI tracks 22.86% on current figures, and rental yield reads 9.51% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 119.87% and total cumulative return in cash sums $149,019. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,972/mo property income instead of your personal income.
Townhouse
Built in 1980
2,482 sqft lot
$N/A/sqft
No 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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