3045 Park Ln APT 1026DallasTX75220
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeFinancing efficiency matters for international buyers, and 3045 Park Ln APT 1026, Dallas, TX, 75220 in Dallas offers it: the 1.96 DSCR gives Ziffy Mortgage's underwriting team an unusually clean file, no U.S. credit, no personal income required. Rental yield 9.51%. Long-term, 5% appreciation is forecast to add $33,154, and $1,105/yr in principal paydown compounds equity steadily. Projected five-year cumulative return: $10,941.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.5% |
| Monthly Cash Flow | $(708) | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,060 |
| Total Monthly Debt Service | $1,611 |
| DSCR Ratio | 0.66x |
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.
Condo
Built in 1969
9.13 Acres lot
$N/A/sqft
$737 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75220, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,806 (100%) |
| Owner Occupied HU | 4,650 (29.4%) |
| Renter Occupied HU | 9,597 (60.7%) |
| Vacant Housing Units | 1,559 ( 9.9%) |
| Median Home Value | $526,765 |
| Average Home Value | $787,369 |
Housing Distribution
Address Breakdown
Residential
15,109
Single Family
6,713
Multi-Family
8,396
Businesses
1,794
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
Condo
Built in 1969
9.13 Acres lot
$N/A/sqft
$737 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75220, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,806 (100%) |
| Owner Occupied HU | 4,650 (29.4%) |
| Renter Occupied HU | 9,597 (60.7%) |
| Vacant Housing Units | 1,559 ( 9.9%) |
| Median Home Value | $526,765 |
| Average Home Value | $787,369 |
Housing Distribution
Address Breakdown
Residential
15,109
Single Family
6,713
Multi-Family
8,396
Businesses
1,794
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maggie Dieter • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #20892242
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.