8002 Wexford 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
Rental property for sale in Rowlett at 8002 Wexford Ln, Rowlett, TX, 75089 priced at $439,999 converts $3,413/mo rent into $284/mo cash flow after a $2,154/mo obligation. Total monthly income equals $3,413/mo, and annual cash flow totals $3,404/yr on $145,860 invested. Return on cash invested prints 22.24% in year one, and rental yield reads 9.31% against a $439,999 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation compiles into $121,564 by year five. Five-year ROI reaches 116.56% and total cumulative return in cash sums $170,014. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,413/mo property income covering a $2,154/mo payment, not borrower’s personal income.
Single Family
Built in 1999
8,015 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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