432 Lake Highland DrLake DallasTX75065
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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
Investment property for sale in Lake Dallas at 432 Lake Highland Dr, Lake Dallas, TX, 75065 uses $112,677 cash to close to unlock $103/yr annual cash flow and $9/mo monthly cash flow. Total monthly income runs $2,426/mo, and a $1,664/mo payment keeps the spread at $9/mo. Purchase price stands at $339,900, and rental yield measures 8.56% with $2,426/mo rent. Return on cash invested shows 20% in year one, and 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 104.56% and total cumulative return in cash records $117,815. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,426/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 2004
4,486 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75065, Lake Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,479 (100%) |
| Owner Occupied HU | 3,998 (73.0%) |
| Renter Occupied HU | 1,277 (23.3%) |
| Vacant Housing Units | 204 ( 3.7%) |
| Median Home Value | $440,366 |
| Average Home Value | $480,394 |
Housing Distribution
Address Breakdown
Residential
5,473
Single Family
4,671
Multi-Family
802
Businesses
478
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Listed by: Bridgette Murphey • Atlas Real Estate of TX, LLC
Mls Name: NTREIS
Mls ID: #21001253