3245 Latham DrDallasTX75229
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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
Total monthly income runs $4,187/mo, and a $3,709/mo payment. Purchase price stands at $757,777, and rental yield measures 6.63% with $4,187/mo rent. Return on cash invested shows 14.28% in year one, and 5% annual appreciation builds toward $209,360 over five years. Five-year ROI reaches 73.83% and total cumulative return in cash records $184,067. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,187/mo property income covering a $3,709/mo payment rather than investor’s personal income.
Single Family
Built in 1960
10,193 sqft 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
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