607 Cain StLake 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
Rental property for sale in Lake Dallas at 607 Cain St, Lake Dallas, TX, 75065 priced at $315,000 converts $2,310/mo rent into $70/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,310/mo, and annual cash flow totals $837/yr on $104,423 invested. Return on cash invested prints 20.71% in year one, and rental yield reads 8.8% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 108.36% and total cumulative return in cash sums $113,153. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,310/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Single Family
Built in 1983
0.25 Acres 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: Matthew Cline • Vylla Home
Mls Name: NTREIS
Mls ID: #20992959
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.