3622 Meadow StDallasTX75215
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.52 makes 3622 Meadow St, Dallas, TX, 75215 in Dallas one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 8.22%. The 8.22% yield, 5% annual appreciation ($62,161 over five years), and $2,072/yr in principal reduction project a total cumulative return of $76,749.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.5% |
| Monthly Cash Flow | $(153) | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,541 |
| Total Monthly Debt Service | $1,605 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2014
6,272 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75215, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,619 (100%) |
| Owner Occupied HU | 2,599 (30.2%) |
| Renter Occupied HU | 4,935 (57.3%) |
| Vacant Housing Units | 1,085 (12.6%) |
| Median Home Value | $199,767 |
| Average Home Value | $313,419 |
Housing Distribution
Address Breakdown
Residential
8,367
Single Family
5,297
Multi-Family
3,070
Businesses
796
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 2014
6,272 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75215, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,619 (100%) |
| Owner Occupied HU | 2,599 (30.2%) |
| Renter Occupied HU | 4,935 (57.3%) |
| Vacant Housing Units | 1,085 (12.6%) |
| Median Home Value | $199,767 |
| Average Home Value | $313,419 |
Housing Distribution
Address Breakdown
Residential
8,367
Single Family
5,297
Multi-Family
3,070
Businesses
796
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patricia Douglas • Hopkins Realty & Assoc. LLC
Mls Name: NTREIS
Mls ID: #20564785
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.