2210 Shea Rd #103DallasTX75235
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 2210 Shea Rd #103, Dallas, TX, 75235 in Dallas: $3,594/mo in rent, $338/mo in net income, 10.54% gross yield, 2.11 DSCR, all at $378,800. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $104,655 in appreciation and $3,489/yr in principal paydown projects total cumulative return of $185,444.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.5% |
| Monthly Cash Flow | $338 | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,594 |
| Total Monthly Debt Service | $2,838 |
| DSCR Ratio | 1.27x |
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.
Condo
Built in 2024
7,187 sqft lot
$N/A/sqft
$295 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75235, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,854 (100%) |
| Owner Occupied HU | 2,031 (17.1%) |
| Renter Occupied HU | 8,194 (69.1%) |
| Vacant Housing Units | 1,629 (13.7%) |
| Median Home Value | $331,769 |
| Average Home Value | $412,850 |
Housing Distribution
Address Breakdown
Residential
10,714
Single Family
2,964
Multi-Family
7,750
Businesses
1,195
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
Condo
Built in 2024
7,187 sqft lot
$N/A/sqft
$295 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75235, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,854 (100%) |
| Owner Occupied HU | 2,031 (17.1%) |
| Renter Occupied HU | 8,194 (69.1%) |
| Vacant Housing Units | 1,629 (13.7%) |
| Median Home Value | $331,769 |
| Average Home Value | $412,850 |
Housing Distribution
Address Breakdown
Residential
10,714
Single Family
2,964
Multi-Family
7,750
Businesses
1,195
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mark Dewey • West Residential Realty, LLC
Mls Name: NTREIS
Mls ID: #20942875
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.