6014 Laurel Oaks DrDallasTX75248
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
Investment Highlights
Rental property for sale in Dallas at 6014 Laurel Oaks Dr, Dallas, TX, 75248 offers $6,466/mo rent that, after a $3,255/mo payment, leaves $1,737/mo cash flow. Total monthly income is $6,466/mo, and annual cash flow is $20,843/yr on $218,785 cash. Return on cash invested measures 29.59% in year one, and rental yield stands at 11.67% at a $665,000 entry. Equity gained on principal adds $4,291/yr while 5% annual appreciation compounds into $183,727 by year five. Five-year ROI records 155.92% and total cumulative return in cash reaches $341,131. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,466/mo property income versus a $3,255/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
7,448 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75248, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,635 (100%) |
| Owner Occupied HU | 8,744 (46.9%) |
| Renter Occupied HU | 8,625 (46.3%) |
| Vacant Housing Units | 1,266 ( 6.8%) |
| Median Home Value | $546,946 |
| Average Home Value | $594,935 |
Housing Distribution
Address Breakdown
Residential
18,020
Single Family
8,802
Multi-Family
9,218
Businesses
835
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patricia Smith • EXP REALTY
Mls Name: NTREIS
Mls ID: #20674329
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.