3606 Martha LnRowlettTX75088
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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 Rowlett at 3606 Martha Ln, Rowlett, TX, 75088 offers $3,116/mo rent that, after a $1,737/mo payment, leaves $592/mo cash flow. Total monthly income is $3,116/mo, and annual cash flow is $7,108/yr on $117,649 cash. Return on cash invested measures 25.95% in year one, and rental yield stands at 10.54% at a $354,900 entry. Equity gained on principal adds $2,290/yr while 5% annual appreciation compounds into $98,052 by year five. Five-year ROI records 136.48% and total cumulative return in cash reaches $160,564. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,116/mo property income versus a $1,737/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A 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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