405 S Clark StRockwallTX75087
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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 405 S Clark St, Rockwall, TX, 75087 priced at $560,000 pairs $5,660/mo rent with $1,678/mo cash flow after a $2,741/mo payment. Total monthly income equals $5,660/mo, and annual cash flow comes to $20,132/yr on $184,240 invested. Return on cash invested is 30.99% in year one, and rental yield stands at 12.13% on a $560,000 basis. Equity gained on principal adds $3,614/yr, and 5% annual appreciation accumulates to $154,718 by year five. Five-year ROI measures 163.43% and total cumulative return in cash reaches $301,109. For financing, Ziffy Mortgage’s DSCR program evaluates $5,660/mo property income against a $2,741/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
0.48 Acres 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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Listed by: Sarah Jessee • United Real Estate
Mls Name: NTREIS
Mls ID: #20687521
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.