9405 Waterview PkwyRowlettTX75089
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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 9405 Waterview Pkwy, Rowlett, TX, 75089 offers $6,314/mo rent that, after a $2,203/mo payment, leaves $3,052/mo cash flow. Total monthly income is $6,314/mo, and annual cash flow is $36,620/yr on $149,175 cash. Return on cash invested measures 44.46% in year one, and rental yield stands at 16.84% at a $450,000 entry. Equity gained on principal adds $2,904/yr while 5% annual appreciation compounds into $124,327 by year five. Five-year ROI records 235.87% and total cumulative return in cash reaches $351,858. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,314/mo property income versus a $2,203/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
0.32 Acres lot
$N/A/sqft
$742 annually 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
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Listed by: Lam Dinh • Realty Firm Global, PLLC
Mls Name: NTREIS
Mls ID: #20594969
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.