16301 Ledgemont Ln APT 209AddisonTX75001
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 16301 Ledgemont Ln APT 209, Addison, TX, 75001 in Addison achieves a 2.03 ratio at $252,000: $2,298/mo rent versus $1,133/mo debt service. Rental yield 10.94%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 10.94% yield compounds alongside 5% annual appreciation projecting $69,623 in value. Total projected cumulative return: $96,526.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.2% |
| Monthly Cash Flow | $(38) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,298 |
| Total Monthly Debt Service | $2,236 |
| DSCR Ratio | 1.03x |
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.
Condo
Built in 1982
7.53 Acres lot
$N/A/sqft
$544 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75001, Addison, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,386 (100%) |
| Owner Occupied HU | 1,729 (15.2%) |
| Renter Occupied HU | 8,698 (76.4%) |
| Vacant Housing Units | 959 ( 8.4%) |
| Median Home Value | $435,573 |
| Average Home Value | $459,089 |
Housing Distribution
Address Breakdown
Residential
11,354
Single Family
1,820
Multi-Family
9,534
Businesses
2,198
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 1982
7.53 Acres lot
$N/A/sqft
$544 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75001, Addison, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,386 (100%) |
| Owner Occupied HU | 1,729 (15.2%) |
| Renter Occupied HU | 8,698 (76.4%) |
| Vacant Housing Units | 959 ( 8.4%) |
| Median Home Value | $435,573 |
| Average Home Value | $459,089 |
Housing Distribution
Address Breakdown
Residential
11,354
Single Family
1,820
Multi-Family
9,534
Businesses
2,198
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Barbara Stuart • B.P.H. Realty, LLC.
Mls Name: NTREIS
Mls ID: #20897475
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.