6214 Fairway AveDallasTX75227
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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
Investment property for sale in Dallas at 6214 Fairway Ave, Dallas, TX, 75227 uses $82,842 cash to close to unlock $3,613/yr annual cash flow and $301/mo monthly cash flow. Total monthly income runs $2,078/mo, and a $1,223/mo payment keeps the spread at $301/mo. Purchase price stands at $249,900, and rental yield measures 9.98% with $2,078/mo rent. Return on cash invested shows 24.27% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 127.5% and total cumulative return in cash records $105,626. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,078/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1947
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75227, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,278 (100%) |
| Owner Occupied HU | 9,592 (47.3%) |
| Renter Occupied HU | 9,463 (46.7%) |
| Vacant Housing Units | 1,223 ( 6.0%) |
| Median Home Value | $217,315 |
| Average Home Value | $258,721 |
Housing Distribution
Address Breakdown
Residential
18,204
Single Family
13,752
Multi-Family
4,452
Businesses
969
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