3334W Plan, Somerset Park 80'RockwallTX75032
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
Investment property for sale in Rockwall at 3334W Plan, Somerset Park 80', Rockwall, TX, 75032 uses $234,873 cash to close to unlock $25,830/yr annual cash flow and $2,153/mo monthly cash flow. Total monthly income runs $7,229/mo, and a $3,494/mo payment keeps the spread at $2,153/mo. Purchase price stands at $713,900, and rental yield measures 12.15% with $7,229/mo rent. Return on cash invested shows 31.06% in year one, and 5% annual appreciation builds toward $197,237 over five years. Five-year ROI reaches 163.81% and total cumulative return in cash records $384,756. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,229/mo property income covering a $3,494/mo payment rather than investor’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
