9959 Waterfront TrlRockwallTX75087
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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
Investment property for sale in Rockwall at 9959 Waterfront Trl, Rockwall, TX, 75087 listed at $415,000 pairs $2,673/mo rent with a $2,031/mo payment. Total monthly income runs $2,673/mo. Return on cash invested measures 17.48% in year one, and rental yield registers 7.73% at a $415,000 basis. Equity gained on principal adds $2,678/yr, and annual property appreciation at 5% supports $114,657 by year five. Five-year ROI tracks 91.08% and total cumulative return in cash totals $125,301. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,673/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1986
4,399 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75087, Rockwall, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,219 (100%) |
| Owner Occupied HU | 13,800 (80.1%) |
| Renter Occupied HU | 2,757 (16.0%) |
| Vacant Housing Units | 662 ( 3.8%) |
| Median Home Value | $417,129 |
| Average Home Value | $460,778 |
Housing Distribution
Address Breakdown
Residential
17,017
Single Family
15,180
Multi-Family
1,837
Businesses
1,839
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