6701 Lakeshore DrRowlettTX75089
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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 Rowlett at 6701 Lakeshore Dr, Rowlett, TX, 75089 with 5% annual appreciation on a $384,000 basis while $3,382/mo rent supports operations. Total monthly income totals $3,382/mo and a $1,879/mo payment preserves $652/mo for cash returns. Annual cash flow comes to $7,822/yr on $127,296 deployed, and return on cash invested reaches 26.05% in year one. Equity gained on principal adds $2,478/yr, and five-year appreciation sums $106,092 alongside rental yield of 10.57%. Five-year ROI measures 137% and total cumulative return in cash totals $174,392.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,382/mo property income versus a $1,879/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1977
0.58 Acres 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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Listed by: Anyiesa Johnson • Opendoor Brokerage, LLC
Mls Name: NTREIS
Mls ID: #20679792
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.