504 Pine Island CirHeathTX75032
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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 Heath at 504 Pine Island Cir, Heath, TX, 75032 with 5% annual appreciation on a $985,000 basis while $6,343/mo rent supports operations. 4% in year one. Equity gained on principal adds $6,356/yr, and five-year appreciation sums $272,137 alongside rental yield of 7.73%. Five-year ROI measures 90.63% and total cumulative return in cash totals $293,710. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,343/mo property income versus a $4,821/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1999
0.51 Acres lot
$N/A/sqft
$700 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: Natalia Bennett • The Ascend Real Estate Co.
Mls Name: NTREIS
Mls ID: #21024795
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.