514 Cellars CtRockwallTX75087
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 514 Cellars Ct, Rockwall, TX, 75087 priced at $419,000 pairs $3,449/mo rent with $469/mo cash flow after a $2,051/mo payment. Total monthly income equals $3,449/mo, and annual cash flow comes to $5,631/yr on $138,899 invested. Return on cash invested is 23.96% in year one, and rental yield stands at 9.88% on a $419,000 basis. Equity gained on principal adds $2,704/yr, and 5% annual appreciation accumulates to $115,762 by year five. Five-year ROI measures 125.82% and total cumulative return in cash reaches $174,761. For financing, Ziffy Mortgage’s DSCR program evaluates $3,449/mo property income against a $2,051/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1992
9,104 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jackie McDonald • Fathom Realty LLC
Mls Name: NTREIS
Mls ID: #21115831
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.