2111 Norlock LnDallasTX75201
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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 2111 Norlock Ln, Dallas, TX, 75201 uses $333,396 cash to close to unlock $11,779/yr annual cash flow and $982/mo monthly cash flow. Total monthly income runs $8,857/mo, and a $5,036/mo payment keeps the spread at $982/mo. Purchase price stands at $1,029,000, and rental yield measures 10.33% with $8,857/mo rent. Return on cash invested shows 23.9% in year one, and 5% annual appreciation builds toward $284,294 over five years. Five-year ROI reaches 126.13% and total cumulative return in cash records $420,516. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $8,857/mo property income covering a $5,036/mo payment rather than investor’s personal income.
Townhouse
Built in 2013
2,962 sqft lot
$N/A/sqft
$170 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75201, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,347 (100%) |
| Owner Occupied HU | 1,097 ( 7.6%) |
| Renter Occupied HU | 10,921 (76.1%) |
| Vacant Housing Units | 2,329 (16.2%) |
| Median Home Value | $775,794 |
| Average Home Value | $999,701 |
Housing Distribution
Address Breakdown
Residential
14,564
Single Family
521
Multi-Family
14,043
Businesses
2,097
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Listed by: Matthew Edwards • Dave Perry Miller Real Estate
Mls Name: NTREIS
Mls ID: #20684827
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.