3204 Wimberley LnRockwallTX75032
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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 3204 Wimberley Ln, Rockwall, TX, 75032 generates $4,229/mo in rent and, after a $2,738/mo payment, leaves $211/mo in cash flow. Total monthly income is $4,229/mo, and annual cash flow is $2,529/yr on $184,076 invested. Return on cash invested sits at 21.43% in year one, and rental yield is 9.07% on a $559,500 entry. Equity gained on principal adds $3,610/yr, while 5% annual appreciation builds toward $154,580 over five years. Five-year ROI reaches 112.3% and total cumulative return in cash sums $206,716. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,229/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
0.31 Acres lot
$N/A/sqft
$480 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: Rodney Holland • Keller Williams Rockwall
Mls Name: NTREIS
Mls ID: #20983213
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.