606 Kernodle StRockwallTX75087
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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 606 Kernodle St, Rockwall, TX, 75087 listed at $305,606 pairs $1,812/mo rent with a $1,496/mo payment. Total monthly income runs $1,812/mo. Return on cash invested measures 15.63% in year one, and rental yield registers 7.12% at a $305,606 basis. Equity gained on principal adds $1,972/yr, and annual property appreciation at 5% supports $84,433 by year five. Five-year ROI tracks 81.1% and total cumulative return in cash totals $82,160. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,812/mo property income relative to a $1,496/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1941
7,274 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
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