3613 Sourwood LnDallasTX75253
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 3613 Sourwood Ln, Dallas, TX, 75253 in Dallas worth modelling. At $358,900 with a 8.82% gross yield, the $2,639/mo rent leaves $47/mo after the $1,614/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.64 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $99,157 by year five; $3,306/yr in principal reduction adds further equity. Total projected return: $140,725.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.5% |
| Monthly Cash Flow | $47 | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,639 |
| Total Monthly Debt Service | $2,449 |
| DSCR Ratio | 1.08x |
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 2024
7,927 sqft lot
$N/A/sqft
$475 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75253, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,838 (100%) |
| Owner Occupied HU | 5,536 (70.6%) |
| Renter Occupied HU | 2,005 (25.6%) |
| Vacant Housing Units | 297 ( 3.8%) |
| Median Home Value | $175,200 |
| Average Home Value | $213,498 |
Housing Distribution
Address Breakdown
Residential
7,970
Single Family
7,658
Multi-Family
312
Businesses
171
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 2024
7,927 sqft lot
$N/A/sqft
$475 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75253, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,838 (100%) |
| Owner Occupied HU | 5,536 (70.6%) |
| Renter Occupied HU | 2,005 (25.6%) |
| Vacant Housing Units | 297 ( 3.8%) |
| Median Home Value | $175,200 |
| Average Home Value | $213,498 |
Housing Distribution
Address Breakdown
Residential
7,970
Single Family
7,658
Multi-Family
312
Businesses
171
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: William Nelson • Century Communities
Mls Name: NTREIS
Mls ID: #20724548
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.