3338 Shining Light DrDallasTX75228
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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 Dallas at 3338 Shining Light Dr, Dallas, TX, 75228 offers a 8.61% rental yield on a $309,900 purchase with $2,224/mo rent. Total monthly income registers $2,224/mo, and a $1,517/mo payment leaves $20/mo available for distribution. Annual cash flow reaches $241/yr on $102,732 to close, and return on cash invested stands at 20.14% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,620 over five years. Portfolio math shows five-year ROI at 105.35% and total cumulative return in cash at $108,228. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,224/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
5,706 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75228, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,806 (100%) |
| Owner Occupied HU | 11,522 (43.0%) |
| Renter Occupied HU | 13,198 (49.2%) |
| Vacant Housing Units | 2,086 ( 7.8%) |
| Median Home Value | $320,409 |
| Average Home Value | $351,371 |
Housing Distribution
Address Breakdown
Residential
25,654
Single Family
16,017
Multi-Family
9,637
Businesses
1,041
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