2543 Friendway LnDallasTX75237
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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
Rental property for sale in Dallas at 2543 Friendway Ln, Dallas, TX, 75237 offers $2,756/mo rent that, after a $1,456/mo payment, leaves $625/mo cash flow. Total monthly income is $2,756/mo, and annual cash flow is $7,497/yr on $98,621 cash. Return on cash invested measures 27.51% in year one, and rental yield stands at 11.12% at a $297,500 entry. Equity gained on principal adds $1,920/yr while 5% annual appreciation compounds into $82,194 by year five. Five-year ROI records 144.89% and total cumulative return in cash reaches $142,891. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,756/mo property income versus a $1,456/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
5,924 sqft lot
$N/A/sqft
$189 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75237, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,899 (100%) |
| Owner Occupied HU | 1,242 (14.0%) |
| Renter Occupied HU | 6,976 (78.4%) |
| Vacant Housing Units | 681 ( 7.7%) |
| Median Home Value | $275,629 |
| Average Home Value | $296,415 |
Housing Distribution
Address Breakdown
Residential
8,337
Single Family
1,788
Multi-Family
6,549
Businesses
819
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Listed by: Ann Weaver • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #20815894
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.