17624 Woods Edge DrDallasTX75287
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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
Rental property for sale in Dallas at 17624 Woods Edge Dr, Dallas, TX, 75287 priced at $1,806,893 converts $9,989/mo rent into after a $8,844/mo obligation. Total monthly income equals $9,989/mo. Return on cash invested prints 13.19% in year one, and rental yield reads 6.63% against a $1,806,893 entry. Equity gained on principal adds $11,660/yr, while 5% annual appreciation compiles into $499,211 by year five. Five-year ROI reaches 68.42% and total cumulative return in cash sums $400,563. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $9,989/mo property income covering a $8,844/mo payment, not borrower’s personal income.
Single Family
Built in 1994
0.38 Acres lot
$N/A/sqft
$643 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75287, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,067 (100%) |
| Owner Occupied HU | 5,785 (19.2%) |
| Renter Occupied HU | 22,200 (73.8%) |
| Vacant Housing Units | 2,082 ( 6.9%) |
| Median Home Value | $488,669 |
| Average Home Value | $571,993 |
Housing Distribution
Address Breakdown
Residential
28,960
Single Family
6,042
Multi-Family
22,918
Businesses
641
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