3906 Castle DrRowlettTX75089
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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 3906 Castle Dr, Rowlett, TX, 75089 uses $145,860 cash to close to unlock $6,128/yr annual cash flow and $511/mo monthly cash flow. Total monthly income runs $3,640/mo, and a $2,154/mo payment keeps the spread at $511/mo. Purchase price stands at $440,000, and rental yield measures 9.93% with $3,640/mo rent. Return on cash invested shows 24.11% in year one, and 5% annual appreciation builds toward $121,564 over five years. Five-year ROI reaches 126.58% and total cumulative return in cash records $184,630. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,640/mo property income covering a $2,154/mo payment rather than investor’s personal income.
Single Family
Built in 1983
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75089, Rowlett, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,410 (100%) |
| Owner Occupied HU | 9,643 (77.7%) |
| Renter Occupied HU | 2,333 (18.8%) |
| Vacant Housing Units | 434 ( 3.5%) |
| Median Home Value | $374,580 |
| Average Home Value | $446,439 |
Housing Distribution
Address Breakdown
Residential
12,435
Single Family
11,242
Multi-Family
1,193
Businesses
122
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