8306 Lighthouse DrRowlettTX75089
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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 8306 Lighthouse Dr, Rowlett, TX, 75089 generates $4,145/mo in rent and, after a $2,325/mo payment, leaves $711/mo in cash flow. Total monthly income is $4,145/mo, and annual cash flow is $8,530/yr on $157,463 invested. Return on cash invested sits at 25.33% in year one, and rental yield is 10.47% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 133.25% and total cumulative return in cash sums $209,815. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,145/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
0.26 Acres lot
$N/A/sqft
$675 annually 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: Betty Littlejohn • Betty Littlejohn Realty, LLC
Mls Name: NTREIS
Mls ID: #20721948
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.