1905 Leacrest DrDallasTX75216
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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 1905 Leacrest Dr, Dallas, TX, 75216 uses $99,450 cash to close to unlock $14,064/yr annual cash flow and $1,172/mo monthly cash flow. Total monthly income runs $3,305/mo, and a $1,468/mo payment keeps the spread at $1,172/mo. Purchase price stands at $299,999, and rental yield measures 13.22% with $3,305/mo rent. Return on cash invested shows 34.05% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 179.87% and total cumulative return in cash records $178,884. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,305/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 2024
6,054 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75216, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,401 (100%) |
| Owner Occupied HU | 9,968 (51.4%) |
| Renter Occupied HU | 7,801 (40.2%) |
| Vacant Housing Units | 1,632 ( 8.4%) |
| Median Home Value | $142,118 |
| Average Home Value | $207,866 |
Housing Distribution
Address Breakdown
Residential
18,632
Single Family
15,796
Multi-Family
2,836
Businesses
962
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Listed by: Shawn Pratt • NextHome on Main
Mls Name: NTREIS
Mls ID: #20675884
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.