12888 Montfort Dr APT 227DallasTX75230
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 12888 Montfort Dr APT 227, Dallas, TX, 75230 in Dallas achieves 1.77, rent of $1,012/mo covers the $571/mo payment 1.5x over at $127,000. Rental yield 9.56%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $35,088 over five years, with $1,170/yr in principal reduction bringing total projected return to $39,675.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.5% |
| Monthly Cash Flow | $(158) | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,012 |
| Total Monthly Debt Service | $1,119 |
| DSCR Ratio | 0.90x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 1968
5.04 Acres lot
$N/A/sqft
$241 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75230, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,818 (100%) |
| Owner Occupied HU | 7,824 (52.8%) |
| Renter Occupied HU | 5,570 (37.6%) |
| Vacant Housing Units | 1,424 ( 9.6%) |
| Median Home Value | $871,958 |
| Average Home Value | $1,051,339 |
Housing Distribution
Address Breakdown
Residential
14,197
Single Family
8,433
Multi-Family
5,764
Businesses
1,190
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
Condo
Built in 1968
5.04 Acres lot
$N/A/sqft
$241 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75230, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,818 (100%) |
| Owner Occupied HU | 7,824 (52.8%) |
| Renter Occupied HU | 5,570 (37.6%) |
| Vacant Housing Units | 1,424 ( 9.6%) |
| Median Home Value | $871,958 |
| Average Home Value | $1,051,339 |
Housing Distribution
Address Breakdown
Residential
14,197
Single Family
8,433
Multi-Family
5,764
Businesses
1,190
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Liz Renfro • Texas Urban Living Realty
Mls Name: NTREIS
Mls ID: #20744566
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.