10626 Ferndale RdDallasTX75238
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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
Rental property for sale in Dallas at 10626 Ferndale Rd, Dallas, TX, 75238 priced at $820,000 converts $5,623/mo rent into after a $4,013/mo obligation. Total monthly income equals $5,623/mo. Return on cash invested prints 19.14% in year one, and rental yield reads 8.23% against a $820,000 entry. Equity gained on principal adds $5,291/yr, while 5% annual appreciation compiles into $226,551 by year five. Five-year ROI reaches 99.89% and total cumulative return in cash sums $269,483. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,623/mo property income covering a $4,013/mo payment, not borrower’s personal income.
Single Family
Built in 1969
8,799 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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Listed by: John Cramer • OnDemand Realty
Mls Name: NTREIS
Mls ID: #20692171
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.