940 Rowlett RdRowlettTX75088
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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
Rental property for sale in Rowlett at 940 Rowlett Rd, Rowlett, TX, 75088 generates $2,558/mo in rent, after a $3,671/mo payment. Total monthly income is $2,558/mo. Return on cash invested sits at 6.56% in year one, and rental yield is 4.09% on a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 32.46% and total cumulative return in cash sums $80,094. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,558/mo property income rather than buyer’s personal income.
Single Family
Built in 1933
0.75 Acres 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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