3422 Park LnDallasTX75220
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
Investment Highlights
Investment property for sale in Dallas at 3422 Park Ln, Dallas, TX, 75220 offers a 9.44% rental yield on a $374,500 purchase with $2,946/mo rent. Total monthly income registers $2,946/mo, and a $1,833/mo payment leaves $283/mo available for distribution. Annual cash flow reaches $3,394/yr on $124,147 to close, and return on cash invested stands at 22.64% in year one. Equity gained on principal adds $2,417/yr while 5% annual appreciation supports $103,467 over five years. Portfolio math shows five-year ROI at 118.71% and total cumulative return in cash at $147,374. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,946/mo property income against a $1,833/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
8,102 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75220, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,806 (100%) |
| Owner Occupied HU | 4,650 (29.4%) |
| Renter Occupied HU | 9,597 (60.7%) |
| Vacant Housing Units | 1,559 ( 9.9%) |
| Median Home Value | $526,765 |
| Average Home Value | $787,369 |
Housing Distribution
Address Breakdown
Residential
15,109
Single Family
6,713
Multi-Family
8,396
Businesses
1,794
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices