3113 Lochaven DrRowlettTX75088
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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 Rowlett at 3113 Lochaven Dr, Rowlett, TX, 75088 with 5% annual appreciation on a $464,900 basis while $3,565/mo rent supports operations. Total monthly income totals $3,565/mo and a $2,275/mo payment preserves $259/mo for cash returns. Annual cash flow comes to $3,114/yr on $154,114 deployed, and return on cash invested reaches 21.93% in year one. Equity gained on principal adds $3,000/yr, and five-year appreciation sums $128,443 alongside rental yield of 9.2%. Five-year ROI measures 114.9% and total cumulative return in cash totals $177,076.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,565/mo property income versus a $2,275/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1999
9,888 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75088, Rowlett, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,663
Single Family
9,146
Multi-Family
2,517
Businesses
915
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Listed by: Kosal Cheng • REKonnection, LLC
Mls Name: NTREIS
Mls ID: #20628056
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.