4115 Olmsted DrRockwallTX75032
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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 Rockwall at 4115 Olmsted Dr, Rockwall, TX, 75032 with 5% annual appreciation on a $544,098 basis while $2,496/mo rent supports operations. 26% in year one. Equity gained on principal adds $3,511/yr, and five-year appreciation sums $150,324 alongside rental yield of 5.5%. Five-year ROI measures 52.49% and total cumulative return in cash totals $93,953. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,496/mo property income versus a $2,663/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
7,187 sqft lot
$N/A/sqft
$1,067 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75032, Rockwall, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,162 (100%) |
| Owner Occupied HU | 10,746 (70.9%) |
| Renter Occupied HU | 3,615 (23.8%) |
| Vacant Housing Units | 801 ( 5.3%) |
| Median Home Value | $528,692 |
| Average Home Value | $584,841 |
Housing Distribution
Address Breakdown
Residential
14,792
Single Family
12,789
Multi-Family
2,003
Businesses
738
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Listed by: Ben Caballero • HomesUSA.com
Mls Name: NTREIS
Mls ID: #20794604
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.