313 Wallford LnLake DallasTX75065
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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 Lake Dallas at 313 Wallford Ln, Lake Dallas, TX, 75065 priced at $414,900 converts $3,499/mo rent into $490/mo cash flow after a $2,031/mo obligation. Total monthly income equals $3,499/mo, and annual cash flow totals $5,880/yr on $137,539 invested. Return on cash invested prints 24.18% in year one, and rental yield reads 10.12% against a $414,900 entry. Equity gained on principal adds $2,677/yr, while 5% annual appreciation compiles into $114,629 by year five. Five-year ROI reaches 127.14% and total cumulative return in cash sums $174,866. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,499/mo property income covering a $2,031/mo payment, not borrower’s personal income.
Single Family
Built in 2001
8,581 sqft lot
$N/A/sqft
$350 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75065, Lake Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,479 (100%) |
| Owner Occupied HU | 3,998 (73.0%) |
| Renter Occupied HU | 1,277 (23.3%) |
| Vacant Housing Units | 204 ( 3.7%) |
| Median Home Value | $440,366 |
| Average Home Value | $480,394 |
Housing Distribution
Address Breakdown
Residential
5,473
Single Family
4,671
Multi-Family
802
Businesses
478
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Listed by: Harun Hersi • Only 1 Realty Group Dallas
Mls Name: NTREIS
Mls ID: #20954486
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.