842 Cauble DrFateTX75087
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fate at 842 Cauble Dr, Fate, TX, 75087 offers a 9.44% rental yield on a $384,500 purchase with $3,025/mo rent. Total monthly income registers $3,025/mo, and a $1,882/mo payment leaves $291/mo available for distribution. Annual cash flow reaches $3,488/yr on $127,462 to close, and return on cash invested stands at 22.65% in year one. Equity gained on principal adds $2,481/yr while 5% annual appreciation supports $106,230 over five years. Portfolio math shows five-year ROI at 118.73% and total cumulative return in cash at $151,329. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,025/mo property income against a $1,882/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
7,400 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices