3161 Lockmoor LnDallasTX75220
INVESTMENT ANALYSIS
Investment Verdict
Solid Income3161 Lockmoor Ln, Dallas, TX, 75220 in Dallas is a solid income-producing rental, 9.15% gross yield, $4,954/mo rent, $332/mo net cash flow on a $649,900 buy. DSCR 1.70 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $179,555 and $5,986/yr in principal reduction project a total cumulative return of $270,482.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.5% |
| Monthly Cash Flow | $332 | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,954 |
| Total Monthly Debt Service | $4,363 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1969
9,679 sqft lot
$N/A/sqft
No 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
Single Family
Built in 1969
9,679 sqft lot
$N/A/sqft
No 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