7418 Tulane DrRowlettTX75088
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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
Total monthly income runs $2,098/mo, and a $3,421/mo payment. Purchase price stands at $699,000, and rental yield measures 3.6% with $2,098/mo rent. Return on cash invested shows 5.07% in year one, and 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 24.46% and total cumulative return in cash records $56,258. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,098/mo property income covering a $3,421/mo payment rather than investor’s personal income.
Multi Family
Built in 1985
3,789 sqft 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
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Listed by: Stefani Myers • Compass RE Texas, LLC.
Mls Name: NTREIS
Mls ID: #20915396
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.