1841 Wonderlight LnDallasTX75228
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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 1841 Wonderlight Ln, Dallas, TX, 75228 priced at $396,900 converts $5,376/mo rent into $2,553/mo cash flow after a $1,943/mo obligation. Total monthly income equals $5,376/mo, and annual cash flow totals $30,639/yr on $131,572 invested. Return on cash invested prints 43.2% in year one, and rental yield reads 16.25% against a $396,900 entry. Equity gained on principal adds $2,561/yr, while 5% annual appreciation compiles into $109,656 by year five. Five-year ROI reaches 228.94% and total cumulative return in cash sums $301,227. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,376/mo property income covering a $1,943/mo payment, not borrower’s personal income.
Single Family
Built in 1964
8,581 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75228, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,806 (100%) |
| Owner Occupied HU | 11,522 (43.0%) |
| Renter Occupied HU | 13,198 (49.2%) |
| Vacant Housing Units | 2,086 ( 7.8%) |
| Median Home Value | $320,409 |
| Average Home Value | $351,371 |
Housing Distribution
Address Breakdown
Residential
25,654
Single Family
16,017
Multi-Family
9,637
Businesses
1,041
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Listed by: Patti Dibernardo • Epps Realty, LLC
Mls Name: NTREIS
Mls ID: #20650448
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.