8501 Manchester DrRowlettTX75089
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 Rowlett at 8501 Manchester Dr, Rowlett, TX, 75089 uses $127,628 cash to close to unlock $15,271/yr annual cash flow and $1,273/mo monthly cash flow. Total monthly income runs $4,010/mo, and a $1,884/mo payment keeps the spread at $1,273/mo. Purchase price stands at $385,000, and rental yield measures 12.5% with $4,010/mo rent. Return on cash invested shows 31.87% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 168.23% and total cumulative return in cash records $214,702. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,010/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 1992
7,274 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jonathan Finkenbiner • J. Williams Real Estate Srvcs
Mls Name: NTREIS
Mls ID: #20738837
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.