16212 Spring Creek RdDallasTX75248
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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 16212 Spring Creek Rd, Dallas, TX, 75248 uses $325,710 cash to close to unlock $25,002/yr annual cash flow and $2,084/mo monthly cash flow. Total monthly income runs $9,124/mo, and a $4,846/mo payment keeps the spread at $2,084/mo. Purchase price stands at $990,000, and rental yield measures 11.06% with $9,124/mo rent. Return on cash invested shows 27.74% in year one, and 5% annual appreciation builds toward $273,519 over five years. Five-year ROI reaches 146% and total cumulative return in cash records $475,544. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $9,124/mo property income covering a $4,846/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75248, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,635 (100%) |
| Owner Occupied HU | 8,744 (46.9%) |
| Renter Occupied HU | 8,625 (46.3%) |
| Vacant Housing Units | 1,266 ( 6.8%) |
| Median Home Value | $546,946 |
| Average Home Value | $594,935 |
Housing Distribution
Address Breakdown
Residential
18,020
Single Family
8,802
Multi-Family
9,218
Businesses
835
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Listed by: Lisa Edwards • Berry Realty Group, LLC
Mls Name: NTREIS
Mls ID: #20950909
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.