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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 2030 Glencoe Dr, Rockwall, TX, 75087 listed at $400,000 pairs $3,023/mo rent with a $1,958/mo payment to leave $178/mo cash flow. Total monthly income runs $3,023/mo, and annual cash flow reaches $2,140/yr on $132,600 cash to close. Return on cash invested measures 21.52% in year one, and rental yield registers 9.07% at a $400,000 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,513 by year five. Five-year ROI tracks 112.73% and total cumulative return in cash totals $149,476. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,023/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2010
7,130 sqft lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2010
- Architectural Style: N/A
- Building Area: N/A
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Garage
Location
- City: N/A
- Subdivision: N/A
- Lot Size: 7,130 sqft
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Ashli Malone • Mark Spain Real Estate
Mls Name: NTREIS
Mls ID: #21101294