7223 Manhattan DrRowlettTX75088
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 7223 Manhattan Dr, Rowlett, TX, 75088 offers $2,712/mo rent that, after a $2,900/mo payment. Total monthly income is $2,712/mo. Return on cash invested measures 10.82% in year one, and rental yield stands at 5.49% at a $592,490 entry. Equity gained on principal adds $3,823/yr while 5% annual appreciation compounds into $163,694 by year five. Five-year ROI records 55.28% and total cumulative return in cash reaches $107,754. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,712/mo property income versus a $2,900/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75088, Rowlett, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,432 (100%) |
| Owner Occupied HU | 7,683 (67.2%) |
| Renter Occupied HU | 3,296 (28.8%) |
| Vacant Housing Units | 453 ( 4.0%) |
| Median Home Value | $364,593 |
| Average Home Value | $417,506 |
Housing Distribution
Address Breakdown
Residential
11,663
Single Family
9,146
Multi-Family
2,517
Businesses
915
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices