3405 Waterview TrlRockwallTX75087
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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 3405 Waterview Trl, Rockwall, TX, 75087 generates $3,502/mo in rent, after a $2,486/mo payment. Total monthly income is $3,502/mo. Return on cash invested sits at 19.27% in year one, and rental yield is 8.27% on a $508,000 entry. Equity gained on principal adds $3,278/yr, while 5% annual appreciation builds toward $140,351 over five years. Five-year ROI reaches 100.6% and total cumulative return in cash sums $168,131. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,502/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
6,446 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75087, Rockwall, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,219 (100%) |
| Owner Occupied HU | 13,800 (80.1%) |
| Renter Occupied HU | 2,757 (16.0%) |
| Vacant Housing Units | 662 ( 3.8%) |
| Median Home Value | $417,129 |
| Average Home Value | $460,778 |
Housing Distribution
Address Breakdown
Residential
17,017
Single Family
15,180
Multi-Family
1,837
Businesses
1,839
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