7302 Armstrong 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
Investment property for sale in Rowlett at 7302 Armstrong Ln, Rowlett, TX, 75089 with 5% annual appreciation on a $315,000 basis while $2,121/mo rent supports operations. 54% in year one. Equity gained on principal adds $2,033/yr, and five-year appreciation sums $87,029 alongside rental yield of 8.08%. Five-year ROI measures 96.71% and total cumulative return in cash totals $100,985. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,121/mo property income versus a $1,542/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1992
7,535 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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Listed by: Erica Whatley • Ready Real Estate
Mls Name: NTREIS
Mls ID: #20943763
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.