10500 Lake June Rd #D05DallasTX75217
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeMost investment properties struggle to clear the 1.25x DSCR minimum. 10500 Lake June Rd #D05, Dallas, TX, 75217 in Dallas clears it at 1.76, a meaningful distinction for the Ziffy Mortgage DSCR approval process. Rental yield 9.49%. Strong coverage makes approval clean and leaves room for vacancy without breaching underwriting thresholds. Five-year appreciation: $30,391; $1,013/yr in principal equity; total projected return: $29,341.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.5% |
| Monthly Cash Flow | $(220) | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $870 |
| Total Monthly Debt Service | $1,046 |
| DSCR Ratio | 0.83x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1984
N/A lot
$N/A/sqft
$308 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75217, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,962 (100%) |
| Owner Occupied HU | 13,760 (59.9%) |
| Renter Occupied HU | 7,990 (34.8%) |
| Vacant Housing Units | 1,212 ( 5.3%) |
| Median Home Value | $183,951 |
| Average Home Value | $215,605 |
Housing Distribution
Address Breakdown
Residential
24,395
Single Family
21,947
Multi-Family
2,448
Businesses
1,367
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1984
N/A lot
$N/A/sqft
$308 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75217, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,962 (100%) |
| Owner Occupied HU | 13,760 (59.9%) |
| Renter Occupied HU | 7,990 (34.8%) |
| Vacant Housing Units | 1,212 ( 5.3%) |
| Median Home Value | $183,951 |
| Average Home Value | $215,605 |
Housing Distribution
Address Breakdown
Residential
24,395
Single Family
21,947
Multi-Family
2,448
Businesses
1,367
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sara Cullen • Epps Realty, LLC
Mls Name: NTREIS
Mls ID: #20807497
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.