3245 Myra LnFarmers BranchTX75234
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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
Investment property for sale in Farmers Branch at 3245 Myra Ln, Farmers Branch, TX, 75234 offers a 9.03% rental yield on a $356,400 purchase with $2,682/mo rent. Total monthly income registers $2,682/mo, and a $1,744/mo payment leaves $21/mo available for distribution. Annual cash flow reaches $250/yr on $118,147 to close, and return on cash invested stands at 20.12% in year one. Equity gained on principal adds $2,300/yr while 5% annual appreciation supports $98,467 over five years. Portfolio math shows five-year ROI at 105.66% and total cumulative return in cash at $124,831. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,682/mo property income against a $1,744/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75234, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,711 (100%) |
| Owner Occupied HU | 7,358 (41.5%) |
| Renter Occupied HU | 8,433 (47.6%) |
| Vacant Housing Units | 1,920 (10.8%) |
| Median Home Value | $381,329 |
| Average Home Value | $469,512 |
Housing Distribution
Address Breakdown
Residential
17,700
Single Family
8,971
Multi-Family
8,729
Businesses
2,307
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Listed by: N/A • N/A
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