Glasgow Plan, MonterraFateTX75087
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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 Fate at Glasgow Plan, Monterra, Fate, TX, 75087 listed at $505,900 pairs $3,720/mo rent with a $2,476/mo payment to leave $123/mo cash flow. Total monthly income runs $3,720/mo, and annual cash flow reaches $1,471/yr on $166,441 cash to close. Return on cash invested measures 20.94% in year one, and rental yield registers 8.82% at a $505,900 basis. Equity gained on principal adds $3,264/yr, and annual property appreciation at 5% supports $139,771 by year five. Five-year ROI tracks 109.58% and total cumulative return in cash totals $182,388. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,720/mo property income relative to a $2,476/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
N/A 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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