2637 Ripple RdDallasTX75241
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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 2637 Ripple Rd, Dallas, TX, 75241 offers a 11.2% rental yield on a $279,000 purchase with $2,604/mo rent. Total monthly income registers $2,604/mo, and a $1,366/mo payment leaves $444/mo available for distribution. Annual cash flow reaches $5,325/yr on $92,489 to close, and return on cash invested stands at 25.67% in year one. Equity gained on principal adds $1,800/yr while 5% annual appreciation supports $77,083 over five years. Portfolio math shows five-year ROI at 135.75% and total cumulative return in cash at $125,551. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,604/mo property income against a $1,366/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
6,141 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 75241, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,602 (100%) |
| Owner Occupied HU | 6,357 (54.8%) |
| Renter Occupied HU | 4,407 (38.0%) |
| Vacant Housing Units | 838 ( 7.2%) |
| Median Home Value | $215,762 |
| Average Home Value | $264,367 |
Housing Distribution
Address Breakdown
Residential
11,014
Single Family
9,481
Multi-Family
1,533
Businesses
536
Price History
Date | Event | Price |
|---|---|---|
| 2025-01-31 | Listed for sale | $279,000 |
| 2024-12-02 | Listing removed | $285,000 |
| 2024-10-17 | Price change | $299,999 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $6739.28 | 15.54% | $301,530 | 18.63% |
| 2023-02-13 | $5832.88 | -8.59% | $254,180 | N/A |
| 2022-02-13 | $6380.89 | 28.71% | $254,180 | 35.25% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2020
- Architectural Style: Traditional,Detached
- Building Area: N/A
- Living Area: 1,723 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central, Electric, Solar
- Cooling: Central Air, Electric
- Flooring: Ceramic Tile, Laminate
- Interior Features: Open Floorplan, Cable TV, Walk-In Closet(s)
- Exterior Features: N/A
- Parking Features: Driveway
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Sewer Available, Water Available, Cable Available
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Young
- Middle School: Zumwalt
- High School: Southoakcl
Listed by: Fatima Benitez • Rendon Realty, LLC
Mls Name: NTREIS
Mls ID: #20831817
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.