12651 Promenade LnDallasTX75238
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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 12651 Promenade Ln, Dallas, TX, 75238 offers a 11.8% rental yield on a $338,500 purchase with $3,329/mo rent. Total monthly income registers $3,329/mo, and a $1,657/mo payment leaves $833/mo available for distribution. Annual cash flow reaches $9,990/yr on $112,213 to close, and return on cash invested stands at 28.81% in year one. Equity gained on principal adds $2,184/yr while 5% annual appreciation supports $93,521 over five years. Portfolio math shows five-year ROI at 152.16% and total cumulative return in cash at $170,739. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,329/mo property income against a $1,657/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
7,623 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: Andrew Stanley • JPAR - Frisco
Mls Name: NTREIS
Mls ID: #20753667
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.