6518 Teresa LnRowlettTX75089
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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
Rental property for sale in Rowlett at 6518 Teresa Ln, Rowlett, TX, 75089 generates $2,761/mo in rent and, after a $1,664/mo payment, leaves $343/mo in cash flow. Total monthly income is $2,761/mo, and annual cash flow is $4,120/yr on $112,710 invested. Return on cash invested sits at 23.56% in year one, and rental yield is 9.74% on a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 123.68% and total cumulative return in cash sums $139,398. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,761/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
5,096 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75089, Rowlett, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,410 (100%) |
| Owner Occupied HU | 9,643 (77.7%) |
| Renter Occupied HU | 2,333 (18.8%) |
| Vacant Housing Units | 434 ( 3.5%) |
| Median Home Value | $374,580 |
| Average Home Value | $446,439 |
Housing Distribution
Address Breakdown
Residential
12,435
Single Family
11,242
Multi-Family
1,193
Businesses
122
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