1511 Morrell AveDallasTX75203
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.84% yield at 1511 Morrell Ave, Dallas, TX, 75203 in Dallas is solid, but the $2,383/mo payment compresses net cash flow to $136/mo at $530,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $146,429 by year five, and $4,881/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.64) without U.S. income documentation. Total projected return: $211,910.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.5% |
| Monthly Cash Flow | $136 | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,905 |
| Total Monthly Debt Service | $3,558 |
| DSCR Ratio | 1.10x |
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 2026
7,753 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75203, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,521 (100%) |
| Owner Occupied HU | 1,779 (20.9%) |
| Renter Occupied HU | 5,592 (65.6%) |
| Vacant Housing Units | 1,150 (13.5%) |
| Median Home Value | $201,658 |
| Average Home Value | $291,334 |
Housing Distribution
Address Breakdown
Residential
7,375
Single Family
3,536
Multi-Family
3,839
Businesses
523
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 2026
7,753 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75203, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,521 (100%) |
| Owner Occupied HU | 1,779 (20.9%) |
| Renter Occupied HU | 5,592 (65.6%) |
| Vacant Housing Units | 1,150 (13.5%) |
| Median Home Value | $201,658 |
| Average Home Value | $291,334 |
Housing Distribution
Address Breakdown
Residential
7,375
Single Family
3,536
Multi-Family
3,839
Businesses
523
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices