3161 Lockmoor LnDallasTX75220
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
Investment Highlights
Investment property for sale in Dallas at 3161 Lockmoor Ln, Dallas, TX, 75220 listed at $649,900 pairs $4,954/mo rent with a $3,181/mo payment to leave $332/mo cash flow. Total monthly income runs $4,954/mo, and annual cash flow reaches $3,989/yr on $213,817 cash to close. Return on cash invested measures 21.93% in year one, and rental yield registers 9.15% at a $649,900 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,555 by year five. Five-year ROI tracks 114.85% and total cumulative return in cash totals $245,574. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,954/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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