10500 Lake June Rd #I07DallasTX75217
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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 Dallas at 10500 Lake June Rd #I07, Dallas, TX, 75217 offers a 9.9% rental yield on a $108,000 purchase with $891/mo rent. 8% in year one. Equity gained on principal adds $697/yr while 5% annual appreciation supports $29,838 over five years. Portfolio math shows five-year ROI at 65.11% and total cumulative return in cash at $23,312. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $891/mo property income against a $529/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
7.74 Acres lot
$N/A/sqft
$315 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
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Listed by: Renae Goines • Redfin Corporation
Mls Name: NTREIS
Mls ID: #20825450
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.