4262 Royal Ridge DrDallasTX75229
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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 4262 Royal Ridge Dr, Dallas, TX, 75229 priced at $949,000 converts $4,538/mo rent into after a $4,645/mo obligation. Total monthly income equals $4,538/mo. Return on cash invested prints 11.56% in year one, and rental yield reads 5.74% against a $949,000 entry. Equity gained on principal adds $6,124/yr, while 5% annual appreciation compiles into $262,191 by year five. Five-year ROI reaches 59.28% and total cumulative return in cash sums $185,076. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,538/mo property income covering a $4,645/mo payment, not borrower’s personal income.
Single Family
Built in 1969
9,713 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75229, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,272 (100%) |
| Owner Occupied HU | 8,063 (65.7%) |
| Renter Occupied HU | 3,410 (27.8%) |
| Vacant Housing Units | 799 ( 6.5%) |
| Median Home Value | $593,307 |
| Average Home Value | $737,429 |
Housing Distribution
Address Breakdown
Residential
12,042
Single Family
9,746
Multi-Family
2,296
Businesses
2,676
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Listed by: Mykal Ippolito • Orchard Brokerage, LLC
Mls Name: NTREIS
Mls ID: #20909029
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.