516 Heathland XingHeathTX75032
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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 516 Heathland Xing, Heath, TX, 75032 listed at $1,294,000 pairs $4,745/mo rent with a $6,333/mo payment. Total monthly income runs $4,745/mo. Return on cash invested measures 7.45% in year one, and rental yield registers 4.4% at a $1,294,000 basis. Equity gained on principal adds $8,350/yr, and annual property appreciation at 5% supports $357,508 by year five. Five-year ROI tracks 37.22% and total cumulative return in cash totals $156,064. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,745/mo property income relative to a $6,333/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
0.61 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: Drew Colon • Fleks Realty
Mls Name: NTREIS
Mls ID: #21038693
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.