4824 Pendrell AveDallasTX75228
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 4824 Pendrell Ave, Dallas, TX, 75228 in Dallas worth modelling. At $534,000 with a 9.19% gross yield, the $4,091/mo rent leaves $185/mo after the $2,401/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.70 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $147,534 by year five; $4,918/yr in principal reduction adds further equity. Total projected return: $217,028.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.5% |
| Monthly Cash Flow | $185 | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,091 |
| Total Monthly Debt Service | $3,693 |
| DSCR Ratio | 1.11x |
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 2023
4,007 sqft lot
$N/A/sqft
$1,300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75228, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,806 (100%) |
| Owner Occupied HU | 11,522 (43.0%) |
| Renter Occupied HU | 13,198 (49.2%) |
| Vacant Housing Units | 2,086 ( 7.8%) |
| Median Home Value | $320,409 |
| Average Home Value | $351,371 |
Housing Distribution
Address Breakdown
Residential
25,654
Single Family
16,017
Multi-Family
9,637
Businesses
1,041
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 2023
4,007 sqft lot
$N/A/sqft
$1,300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75228, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,806 (100%) |
| Owner Occupied HU | 11,522 (43.0%) |
| Renter Occupied HU | 13,198 (49.2%) |
| Vacant Housing Units | 2,086 ( 7.8%) |
| Median Home Value | $320,409 |
| Average Home Value | $351,371 |
Housing Distribution
Address Breakdown
Residential
25,654
Single Family
16,017
Multi-Family
9,637
Businesses
1,041
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patty Collins • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #20830602
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.