4845 Cedar Springs Rd APT 171DallasTX75219
INVESTMENT ANALYSIS
Investment Verdict
Solid Income4845 Cedar Springs Rd APT 171, Dallas, TX, 75219 in Dallas carries a 1.81 coverage ratio, rent of $2,030/mo is 1.81 times the $1,124/mo payment. Rental yield 9.75%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $249,995 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $69,069; total projected cumulative return: $73,644.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 6.5% |
| Monthly Cash Flow | $(388) | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,030 |
| Total Monthly Debt Service | $2,319 |
| DSCR Ratio | 0.88x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 1970
6.61 Acres lot
$N/A/sqft
$592 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75219, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,341 (100%) |
| Owner Occupied HU | 5,787 (28.4%) |
| Renter Occupied HU | 12,458 (61.2%) |
| Vacant Housing Units | 2,096 (10.3%) |
| Median Home Value | $532,481 |
| Average Home Value | $687,588 |
Housing Distribution
Address Breakdown
Residential
20,674
Single Family
3,392
Multi-Family
17,282
Businesses
1,980
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
Condo
Built in 1970
6.61 Acres lot
$N/A/sqft
$592 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75219, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,341 (100%) |
| Owner Occupied HU | 5,787 (28.4%) |
| Renter Occupied HU | 12,458 (61.2%) |
| Vacant Housing Units | 2,096 (10.3%) |
| Median Home Value | $532,481 |
| Average Home Value | $687,588 |
Housing Distribution
Address Breakdown
Residential
20,674
Single Family
3,392
Multi-Family
17,282
Businesses
1,980
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices