10505 Lakemere DrDallasTX75238
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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 10505 Lakemere Dr, Dallas, TX, 75238 listed at $575,000 pairs $3,503/mo rent with a $2,814/mo payment. Total monthly income runs $3,503/mo. Return on cash invested measures 16.35% in year one, and rental yield registers 7.31% at a $575,000 basis. Equity gained on principal adds $3,710/yr, and annual property appreciation at 5% supports $158,862 by year five. Five-year ROI tracks 84.94% and total cumulative return in cash totals $160,679. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,503/mo property income relative to a $2,814/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
9,931 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75238, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,360 (100%) |
| Owner Occupied HU | 6,334 (44.1%) |
| Renter Occupied HU | 6,978 (48.6%) |
| Vacant Housing Units | 1,048 ( 7.3%) |
| Median Home Value | $525,671 |
| Average Home Value | $592,757 |
Housing Distribution
Address Breakdown
Residential
13,543
Single Family
8,149
Multi-Family
5,394
Businesses
1,292
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