308 Bestowal McLendonRockwallTX75032
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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 308 Bestowal McLendon, Rockwall, TX, 75032 generates $7,194/mo in rent and, after a $3,638/mo payment, leaves $1,850/mo in cash flow. Total monthly income is $7,194/mo, and annual cash flow is $22,206/yr on $244,537 invested. Return on cash invested sits at 29.14% in year one, and rental yield is 11.61% on a $743,275 entry. Equity gained on principal adds $4,796/yr, while 5% annual appreciation builds toward $205,353 over five years. Five-year ROI reaches 153.64% and total cumulative return in cash sums $375,702. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,194/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
1 Acres lot
$N/A/sqft
$695 annually 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: Ben Caballero • HomesUSA.com
Mls Name: NTREIS
Mls ID: #20593237
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.