3721 Smartt StRowlettTX75088
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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
Investment property for sale in Rowlett at 3721 Smartt St, Rowlett, TX, 75088 uses $125,937 cash to close to unlock $35/yr annual cash flow and $3/mo monthly cash flow. Total monthly income runs $2,704/mo, and a $1,859/mo payment keeps the spread at $3/mo. Purchase price stands at $379,900, and rental yield measures 8.54% with $2,704/mo rent. Return on cash invested shows 19.94% in year one, and 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 104.2% and total cumulative return in cash records $131,225. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,704/mo property income covering a $1,859/mo payment rather than investor’s personal income.
Single Family
Built in 1993
6,316 sqft 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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