1230 Okeechobee DrDallasTX75253
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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 1230 Okeechobee Dr, Dallas, TX, 75253 offers $2,639/mo rent that, after a $1,573/mo payment, leaves $295/mo cash flow. Total monthly income is $2,639/mo, and annual cash flow is $3,543/yr on $106,543 cash. Return on cash invested measures 23.23% in year one, and rental yield stands at 9.85% at a $321,398 entry. Equity gained on principal adds $2,074/yr while 5% annual appreciation compounds into $88,796 by year five. Five-year ROI records 122.15% and total cumulative return in cash reaches $130,138. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,639/mo property income versus a $1,573/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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
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Listed by: Jared Turner • Turner Mangum LLC
Mls Name: NTREIS
Mls ID: #20907156
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.