2054 Echo Lake DrDallasTX75253
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 2054 Echo Lake Dr, Dallas, TX, 75253 in Dallas deserves attention. This $325,000 property earns $3,178/mo in rent, a 11.73% gross yield, and nets $866/mo after the $1,461/mo payment. DSCR 2.18 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $89,792 compounds alongside $2,993/yr in yearly equity build, for a total cumulative return of $180,366.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 6.5% |
| Monthly Cash Flow | $866 | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,178 |
| Total Monthly Debt Service | $2,182 |
| DSCR Ratio | 1.46x |
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.
Single Family
Built in 2024
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75253, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,838 (100%) |
| Owner Occupied HU | 5,536 (70.6%) |
| Renter Occupied HU | 2,005 (25.6%) |
| Vacant Housing Units | 297 ( 3.8%) |
| Median Home Value | $175,200 |
| Average Home Value | $213,498 |
Housing Distribution
Address Breakdown
Residential
7,970
Single Family
7,658
Multi-Family
312
Businesses
171
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
Single Family
Built in 2024
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75253, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,838 (100%) |
| Owner Occupied HU | 5,536 (70.6%) |
| Renter Occupied HU | 2,005 (25.6%) |
| Vacant Housing Units | 297 ( 3.8%) |
| Median Home Value | $175,200 |
| Average Home Value | $213,498 |
Housing Distribution
Address Breakdown
Residential
7,970
Single Family
7,658
Multi-Family
312
Businesses
171
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices