2266 Myrtlewood DrDallasTX75232
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 2266 Myrtlewood Dr, Dallas, TX, 75232 in Dallas at $190,000 earns $1,520/mo in rent and nets $169/mo after the $854/mo payment, a 9.6% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $52,494 over five years. Ziffy Mortgage underwrites this on a 1.78 DSCR without U.S. credit history. With $1,750/yr in principal paydown, total projected return reaches $83,691.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.5% |
| Monthly Cash Flow | $169 | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,520 |
| Total Monthly Debt Service | $1,276 |
| DSCR Ratio | 1.19x |
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 1959
9,626 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75232, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,524 (100%) |
| Owner Occupied HU | 6,328 (60.1%) |
| Renter Occupied HU | 3,634 (34.5%) |
| Vacant Housing Units | 562 ( 5.3%) |
| Median Home Value | $257,368 |
| Average Home Value | $353,589 |
Housing Distribution
Address Breakdown
Residential
10,681
Single Family
9,138
Multi-Family
1,543
Businesses
356
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 1959
9,626 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75232, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,524 (100%) |
| Owner Occupied HU | 6,328 (60.1%) |
| Renter Occupied HU | 3,634 (34.5%) |
| Vacant Housing Units | 562 ( 5.3%) |
| Median Home Value | $257,368 |
| Average Home Value | $353,589 |
Housing Distribution
Address Breakdown
Residential
10,681
Single Family
9,138
Multi-Family
1,543
Businesses
356
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices