4039 Myerwood LnDallasTX75244
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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 4039 Myerwood Ln, Dallas, TX, 75244 generates $4,063/mo in rent, after a $5,188/mo payment. Total monthly income is $4,063/mo. Return on cash invested sits at 8.23% in year one, and rental yield is 4.6% on a $1,060,000 entry. Equity gained on principal adds $6,840/yr, while 5% annual appreciation builds toward $292,858 over five years. Five-year ROI reaches 41.35% and total cumulative return in cash sums $142,021. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,063/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
0.30 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
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Listed by: Jill Jones • Keller Williams Realty Allen
Mls Name: NTREIS
Mls ID: #21049849
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.