8602 Watersway Dr #UF5WUERowlettTX75088
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 8602 Watersway Dr #UF5WUE, Rowlett, TX, 75088 earns $360/mo cash flow from $3,857/mo rent with a $2,407/mo payment. Total monthly income totals $3,857/mo, and annual cash flow totals $4,318/yr on $163,032 capital. ROI tracks 22.56% on current figures, and rental yield reads 9.41% at a $491,800 purchase. Equity gained on principal adds $3,174/yr, and 5% annual appreciation supports $135,875 over five years. Five-year ROI reaches 118.25% and total cumulative return in cash sums $192,781. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,857/mo property income instead of your personal income.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75088, Rowlett, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,432 (100%) |
| Owner Occupied HU | 7,683 (67.2%) |
| Renter Occupied HU | 3,296 (28.8%) |
| Vacant Housing Units | 453 ( 4.0%) |
| Median Home Value | $364,593 |
| Average Home Value | $417,506 |
Housing Distribution
Address Breakdown
Residential
11,663
Single Family
9,146
Multi-Family
2,517
Businesses
915
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