6238 Shadycliff DrDallasTX75240
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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 Dallas at 6238 Shadycliff Dr, Dallas, TX, 75240 offers $8,398/mo rent that, after a $4,870/mo payment, leaves $1,322/mo cash flow. Total monthly income is $8,398/mo, and annual cash flow is $15,869/yr on $327,355 cash. Return on cash invested measures 24.91% in year one, and rental yield stands at 10.13% at a $995,000 entry. Equity gained on principal adds $6,421/yr while 5% annual appreciation compounds into $274,900 by year five. Five-year ROI records 130.84% and total cumulative return in cash reaches $428,298. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $8,398/mo property income versus a $4,870/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75240, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,532 (100%) |
| Owner Occupied HU | 2,391 (16.5%) |
| Renter Occupied HU | 10,786 (74.2%) |
| Vacant Housing Units | 1,355 ( 9.3%) |
| Median Home Value | $459,306 |
| Average Home Value | $604,977 |
Housing Distribution
Address Breakdown
Residential
12,400
Single Family
3,369
Multi-Family
9,031
Businesses
1,576
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Listed by: Nikki Barringer • Briggs Freeman Sotheby's Int'l
Mls Name: NTREIS
Mls ID: #20688786
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.