605 Shadow Wood LnHeathTX75032
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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 605 Shadow Wood Ln, Heath, TX, 75032 offers a 5.36% rental yield on a $1,875,000 purchase with $8,377/mo rent. 42% in year one. Equity gained on principal adds $12,099/yr while 5% annual appreciation supports $518,028 over five years. Portfolio math shows five-year ROI at 53.14% and total cumulative return in cash at $322,838. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $8,377/mo property income against a $9,177/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
1.03 Acres lot
$N/A/sqft
$247 quarterly 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: Mike Mazyck • MISSION MINDED REALTY
Mls Name: NTREIS
Mls ID: #20882029
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.