2972 Eric LnFarmers BranchTX75234
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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
Total monthly income runs $3,800/mo, and a $2,740/mo payment. Purchase price stands at $559,900, and rental yield measures 8.14% with $3,800/mo rent. Return on cash invested shows 18.88% in year one, and 5% annual appreciation builds toward $154,690 over five years. Five-year ROI reaches 98.51% and total cumulative return in cash records $181,462. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,800/mo property income covering a $2,740/mo payment rather than investor’s personal income.
Single Family
Built in 1955
9,757 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75234, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,711 (100%) |
| Owner Occupied HU | 7,358 (41.5%) |
| Renter Occupied HU | 8,433 (47.6%) |
| Vacant Housing Units | 1,920 (10.8%) |
| Median Home Value | $381,329 |
| Average Home Value | $469,512 |
Housing Distribution
Address Breakdown
Residential
17,700
Single Family
8,971
Multi-Family
8,729
Businesses
2,307
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Listed by: Hina Patel • NextHome NextGen Realty
Mls Name: NTREIS
Mls ID: #21114125