3855 Crest Cove CirDallasTX75244
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 3855 Crest Cove Cir, Dallas, TX, 75244 in Dallas: $7,242/mo in rent, $1,728/mo net, 11.89% gross yield, all on a $731,000 acquisition. The 2.20 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $201,962 in value, and $6,733/yr in principal paydown steadily builds equity. Projected total cumulative return: $392,669.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 6.5% |
| Monthly Cash Flow | $1,728 | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,242 |
| Total Monthly Debt Service | $5,224 |
| DSCR Ratio | 1.39x |
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 1964
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75244, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,534 (100%) |
| Owner Occupied HU | 2,899 (38.5%) |
| Renter Occupied HU | 3,485 (46.3%) |
| Vacant Housing Units | 1,150 (15.3%) |
| Median Home Value | $594,421 |
| Average Home Value | $642,286 |
Housing Distribution
Address Breakdown
Residential
6,683
Single Family
3,271
Multi-Family
3,412
Businesses
1,715
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 1964
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75244, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,534 (100%) |
| Owner Occupied HU | 2,899 (38.5%) |
| Renter Occupied HU | 3,485 (46.3%) |
| Vacant Housing Units | 1,150 (15.3%) |
| Median Home Value | $594,421 |
| Average Home Value | $642,286 |
Housing Distribution
Address Breakdown
Residential
6,683
Single Family
3,271
Multi-Family
3,412
Businesses
1,715
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bobbie Moody • MARK SPAIN REAL ESTATE
Mls Name: NTREIS
Mls ID: #21035294
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.