3201 Lockridge CirDallasTX75233
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 3201 Lockridge Cir, Dallas, TX, 75233 in Dallas worth study. Rental yield 3.14%. The 3.14% gross yield is below cash-flow benchmarks at $689,900, but 5% annual appreciation, adding $190,607 over five years, frames this as a capital growth position. Rent of $1,807/mo partially offsets the $3,102/mo payment. Ziffy Mortgage finances appreciation-play properties (0.58 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $64,965.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.1% | 6.5% |
| Monthly Cash Flow | $(3,099) | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,807 |
| Total Monthly Debt Service | $4,632 |
| DSCR Ratio | 0.39x |
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.
Single Family
Built in 2025
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75233, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,723 (100%) |
| Owner Occupied HU | 2,536 (44.3%) |
| Renter Occupied HU | 2,807 (49.0%) |
| Vacant Housing Units | 380 ( 6.6%) |
| Median Home Value | $290,902 |
| Average Home Value | $324,954 |
Housing Distribution
Address Breakdown
Residential
4,915
Single Family
4,256
Multi-Family
659
Businesses
210
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 2025
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75233, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,723 (100%) |
| Owner Occupied HU | 2,536 (44.3%) |
| Renter Occupied HU | 2,807 (49.0%) |
| Vacant Housing Units | 380 ( 6.6%) |
| Median Home Value | $290,902 |
| Average Home Value | $324,954 |
Housing Distribution
Address Breakdown
Residential
4,915
Single Family
4,256
Multi-Family
659
Businesses
210
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Icela Fernandez • Dwell Dallas Realtors, LLC
Mls Name: NTREIS
Mls ID: #20897135
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.