6628 Kort StRowlettTX75089
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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 6628 Kort St, Rowlett, TX, 75089 priced at $375,000 pairs $2,999/mo rent with $79/mo cash flow after a $1,835/mo payment. Total monthly income equals $2,999/mo, and annual cash flow comes to $953/yr on $124,313 invested. Return on cash invested is 20.68% in year one, and rental yield stands at 9.6% on a $375,000 basis. Equity gained on principal adds $2,420/yr, and 5% annual appreciation accumulates to $103,606 by year five. Five-year ROI measures 109.06% and total cumulative return in cash reaches $135,579. For financing, Ziffy Mortgage’s DSCR program evaluates $2,999/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2022
2,787 sqft lot
$N/A/sqft
$760 quarterly 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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Listed by: Alexis Eftimie • Fraser Realty
Mls Name: NTREIS
Mls ID: #20930276
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.