1226 Okeechobee DrDallasTX75253
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 1226 Okeechobee Dr, Dallas, TX, 75253 in Dallas worth modelling. At $335,999 with a 9.42% gross yield, the $2,639/mo rent leaves $191/mo after the $1,511/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.75 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $92,830 by year five; $3,095/yr in principal reduction adds further equity. Total projected return: $141,305.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.5% |
| Monthly Cash Flow | $191 | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,639 |
| Total Monthly Debt Service | $2,314 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 2025
6,011 sqft lot
$N/A/sqft
$700 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75253, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,838 (100%) |
| Owner Occupied HU | 5,536 (70.6%) |
| Renter Occupied HU | 2,005 (25.6%) |
| Vacant Housing Units | 297 ( 3.8%) |
| Median Home Value | $175,200 |
| Average Home Value | $213,498 |
Housing Distribution
Address Breakdown
Residential
7,970
Single Family
7,658
Multi-Family
312
Businesses
171
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
Single Family
Built in 2025
6,011 sqft lot
$N/A/sqft
$700 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75253, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,838 (100%) |
| Owner Occupied HU | 5,536 (70.6%) |
| Renter Occupied HU | 2,005 (25.6%) |
| Vacant Housing Units | 297 ( 3.8%) |
| Median Home Value | $175,200 |
| Average Home Value | $213,498 |
Housing Distribution
Address Breakdown
Residential
7,970
Single Family
7,658
Multi-Family
312
Businesses
171
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jared Turner • Turner Mangum LLC
Mls Name: NTREIS
Mls ID: #20889884
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.