2830 Colt LnDallasTX75237
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2830 Colt Ln, Dallas, TX, 75237 in Dallas is a stable, well-positioned rental at $253,000. Rental yield 8.01%. DSCR 1.48 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $69,899 in value and $2,330/yr in principal paydown builds equity, a total projected return of $89,883.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.5% |
| Monthly Cash Flow | $(127) | $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 | $1,689 |
| Total Monthly Debt Service | $1,698 |
| DSCR Ratio | 0.99x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2006
5,183 sqft lot
$N/A/sqft
No 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
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 2006
5,183 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices