3233 Merrell CirDallasTX75229
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 3233 Merrell Cir, Dallas, TX, 75229 in Dallas. At $714,000 it earns $5,818/mo in rent and distributes $740/mo to the owner after the $3,211/mo payment, a consistent 9.78% yield. DSCR 1.81 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $197,265 in value; $6,576/yr in principal paydown compounds ownership stake. Total projected return: $321,267.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 6.5% |
| Monthly Cash Flow | $740 | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,818 |
| Total Monthly Debt Service | $4,793 |
| DSCR Ratio | 1.21x |
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 1961
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75229, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,272 (100%) |
| Owner Occupied HU | 8,063 (65.7%) |
| Renter Occupied HU | 3,410 (27.8%) |
| Vacant Housing Units | 799 ( 6.5%) |
| Median Home Value | $593,307 |
| Average Home Value | $737,429 |
Housing Distribution
Address Breakdown
Residential
12,042
Single Family
9,746
Multi-Family
2,296
Businesses
2,676
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 1961
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75229, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,272 (100%) |
| Owner Occupied HU | 8,063 (65.7%) |
| Renter Occupied HU | 3,410 (27.8%) |
| Vacant Housing Units | 799 ( 6.5%) |
| Median Home Value | $593,307 |
| Average Home Value | $737,429 |
Housing Distribution
Address Breakdown
Residential
12,042
Single Family
9,746
Multi-Family
2,296
Businesses
2,676
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices