9220 Lamar StRowlettTX75089
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
Rental property for sale in Rowlett at 9220 Lamar St, Rowlett, TX, 75089 generates $2,732/mo in rent, after a $2,104/mo payment. Total monthly income is $2,732/mo. Return on cash invested sits at 17.17% in year one, and rental yield is 7.63% on a $429,950 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation builds toward $118,787 over five years. Five-year ROI reaches 89.37% and total cumulative return in cash sums $127,379. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,732/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
3,833 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