833 Forest Creek DrRockwallTX75087
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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 Rockwall at 833 Forest Creek Dr, Rockwall, TX, 75087 listed at $874,118 pairs $8,084/mo rent with a $4,278/mo payment to leave $1,781/mo cash flow. Total monthly income runs $8,084/mo, and annual cash flow reaches $21,370/yr on $287,585 cash to close. Return on cash invested measures 27.49% in year one, and rental yield registers 11.1% at a $874,118 basis. Equity gained on principal adds $5,641/yr, and annual property appreciation at 5% supports $241,503 by year five. Five-year ROI tracks 144.82% and total cumulative return in cash totals $416,470. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,084/mo property income relative to a $4,278/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
7,710 sqft lot
$N/A/sqft
$1,050 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75087, Rockwall, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,219 (100%) |
| Owner Occupied HU | 13,800 (80.1%) |
| Renter Occupied HU | 2,757 (16.0%) |
| Vacant Housing Units | 662 ( 3.8%) |
| Median Home Value | $417,129 |
| Average Home Value | $460,778 |
Housing Distribution
Address Breakdown
Residential
17,017
Single Family
15,180
Multi-Family
1,837
Businesses
1,839
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Listed by: Ben Caballero • Highland Homes Realty
Mls Name: NTREIS
Mls ID: #20669087
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.