6307 Martel AveDallasTX75214
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 6307 Martel Ave, Dallas, TX, 75214 in Dallas at $675,000 earns $4,948/mo in rent and nets $148/mo after the $3,035/mo payment, a 8.8% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $186,490 over five years. Ziffy Mortgage underwrites this on a 1.63 DSCR without U.S. credit history. With $6,217/yr in principal paydown, total projected return reaches $268,188.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.5% |
| Monthly Cash Flow | $148 | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,948 |
| Total Monthly Debt Service | $4,531 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1948
7,710 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75214, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,675 (100%) |
| Owner Occupied HU | 9,185 (52.0%) |
| Renter Occupied HU | 7,088 (40.1%) |
| Vacant Housing Units | 1,402 ( 7.9%) |
| Median Home Value | $691,446 |
| Average Home Value | $821,666 |
Housing Distribution
Address Breakdown
Residential
17,787
Single Family
11,641
Multi-Family
6,146
Businesses
1,035
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 1948
7,710 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75214, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,675 (100%) |
| Owner Occupied HU | 9,185 (52.0%) |
| Renter Occupied HU | 7,088 (40.1%) |
| Vacant Housing Units | 1,402 ( 7.9%) |
| Median Home Value | $691,446 |
| Average Home Value | $821,666 |
Housing Distribution
Address Breakdown
Residential
17,787
Single Family
11,641
Multi-Family
6,146
Businesses
1,035
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices