817 Moses DrHeathTX75032
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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 Heath at 817 Moses Dr, Heath, TX, 75032 priced at $799,900 converts $7,290/mo rent into $1,523/mo cash flow after a $3,915/mo obligation. Total monthly income equals $7,290/mo, and annual cash flow totals $18,273/yr on $263,167 invested. Return on cash invested prints 27% in year one, and rental yield reads 10.94% against a $799,900 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation compiles into $220,998 by year five. Five-year ROI reaches 142.2% and total cumulative return in cash sums $374,220. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,290/mo property income covering a $3,915/mo payment, not borrower’s personal income.
Single Family
Built in 2016
0.61 Acres lot
$N/A/sqft
$950 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75032, Rockwall, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,162 (100%) |
| Owner Occupied HU | 10,746 (70.9%) |
| Renter Occupied HU | 3,615 (23.8%) |
| Vacant Housing Units | 801 ( 5.3%) |
| Median Home Value | $528,692 |
| Average Home Value | $584,841 |
Housing Distribution
Address Breakdown
Residential
14,792
Single Family
12,789
Multi-Family
2,003
Businesses
738
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Listed by: Rachel Street • MARK SPAIN REAL ESTATE
Mls Name: NTREIS
Mls ID: #20719557
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.