3302 Harbor Pointe DrRowlettTX75088
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Rowlett at 3302 Harbor Pointe Dr, Rowlett, TX, 75088 generates $3,425/mo in rent and, after a $2,129/mo payment, leaves $332/mo in cash flow. Total monthly income is $3,425/mo, and annual cash flow is $3,981/yr on $144,203 invested. Return on cash invested sits at 22.67% in year one, and rental yield is 9.45% on a $435,000 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 118.85% and total cumulative return in cash sums $171,384. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,425/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
0.38 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices