709 S Alamo RdRockwallTX75087
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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 Rockwall at 709 S Alamo Rd, Rockwall, TX, 75087 offers $2,940/mo rent that, after a $1,665/mo payment, leaves $521/mo cash flow. Total monthly income is $2,940/mo, and annual cash flow is $6,254/yr on $112,735 cash. Return on cash invested measures 25.46% in year one, and rental yield stands at 10.37% at a $340,076 entry. Equity gained on principal adds $2,194/yr while 5% annual appreciation compounds into $93,957 by year five. Five-year ROI records 133.84% and total cumulative return in cash reaches $150,882. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,940/mo property income versus a $1,665/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
3,833 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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