611 Griffith AveDallasTX75208
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 611 Griffith Ave, Dallas, TX, 75208 in Dallas achieves 1.53, rent of $2,378/mo covers the $1,551/mo payment 1.5x over at $345,000. Rental yield 8.27%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $95,317 over five years, with $3,177/yr in principal reduction bringing total projected return to $121,113.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.5% |
| Monthly Cash Flow | $(180) | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,378 |
| Total Monthly Debt Service | $2,421 |
| DSCR Ratio | 0.98x |
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.
Single Family
Built in 1925
4,965 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75208, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,625 (100%) |
| Owner Occupied HU | 6,019 (41.2%) |
| Renter Occupied HU | 6,897 (47.2%) |
| Vacant Housing Units | 1,709 (11.7%) |
| Median Home Value | $466,400 |
| Average Home Value | $537,812 |
Housing Distribution
Address Breakdown
Residential
14,325
Single Family
9,342
Multi-Family
4,983
Businesses
1,540
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 1925
4,965 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75208, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,625 (100%) |
| Owner Occupied HU | 6,019 (41.2%) |
| Renter Occupied HU | 6,897 (47.2%) |
| Vacant Housing Units | 1,709 (11.7%) |
| Median Home Value | $466,400 |
| Average Home Value | $537,812 |
Housing Distribution
Address Breakdown
Residential
14,325
Single Family
9,342
Multi-Family
4,983
Businesses
1,540
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NTREIS
Mls ID: #21089997
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.