2438 Lea Crest Dr, Dallas, TX, 75216 | 8.49% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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2438 Lea Crest Dr, Dallas, TX, 75216 | 8.49% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Dallas at 2438 Lea Crest Dr, Dallas, TX, 75216 generates $2,441/mo in rent, after a $1,689/mo payment. Total monthly income is $2,441/mo. Return on cash invested sits at 19.78% in year one, and rental yield is 8.49% on a $344,990 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,314 over five years. Five-year ROI reaches 103.35% and total cumulative return in cash sums $118,201. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,441/mo property income rather than buyer’s personal income.

Single Family

Built in 1949

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

Completely Remodeled 5-Bed, 4-Bath Home Like New Construction! Discover a remarkable opportunity in this 5-bedroom, 4-bath home, where 80% of the property has been transformed as if brand-new construction. A thoughtfully designed layout includes three primary suites on the first level ideal for a master retreat, guest suite, or multi-generational lifestyle and upstairs a separate flex space that can serve as an office, playroom, or study. Also, you'll find two additional bedrooms and a full bath, perfect for family or visiting guests. The heart of the home is the expansive kitchen, boasting sleek quartz countertops and all modern appliances, perfect for entertaining or everyday family living. Every major system is brand new, including HVAC, electrical, and the roof, offering peace of mind and low maintenance living. Beyond the home itself, the location is a standout. It's perfectly positioned for multigenerational living, with flexible spaces and multiple primary suites offering comfort and privacy for all household members. Prime Location: Just minutes to Dallas Love Field and a short drive to DFW International Airport for easy travel. Close to the Bishop Arts District, Downtown Dallas, and top dining, shopping, and entertainment venues.

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