3840 Granbury DrDallasTX75287
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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
Rental property for sale in Dallas at 3840 Granbury Dr, Dallas, TX, 75287 priced at $608,000 converts $4,446/mo rent into $122/mo cash flow after a $2,976/mo obligation. Total monthly income equals $4,446/mo, and annual cash flow totals $1,467/yr on $200,032 invested. Return on cash invested prints 20.79% in year one, and rental yield reads 8.77% against a $608,000 entry. Equity gained on principal adds $3,923/yr, while 5% annual appreciation compiles into $167,979 by year five. Five-year ROI reaches 108.79% and total cumulative return in cash sums $217,611. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,446/mo property income covering a $2,976/mo payment, not borrower’s personal income.
Single Family
Built in 1997
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75287, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,067 (100%) |
| Owner Occupied HU | 5,785 (19.2%) |
| Renter Occupied HU | 22,200 (73.8%) |
| Vacant Housing Units | 2,082 ( 6.9%) |
| Median Home Value | $488,669 |
| Average Home Value | $571,993 |
Housing Distribution
Address Breakdown
Residential
28,960
Single Family
6,042
Multi-Family
22,918
Businesses
641
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Listed by: Bettye Chronister • WILLIAM DAVIS REALTY
Mls Name: NTREIS
Mls ID: #20758067
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.