6341 Southpoint DrDallasTX75248
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 6341 Southpoint Dr, Dallas, TX, 75248 in Dallas is narrow, $147/mo net on $3,341/mo rent after the $1,909/mo debt service, but the property operates at break-even-plus, not a loss. At $424,500 with a 9.44% yield, the long-run equity case via 5% appreciation ($117,282 over five years) and $3,910/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.75 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $172,947.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.5% |
| Monthly Cash Flow | $147 | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,341 |
| Total Monthly Debt Service | $3,025 |
| DSCR Ratio | 1.10x |
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.
Townhouse
Built in 1988
3,267 sqft lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75248, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,635 (100%) |
| Owner Occupied HU | 8,744 (46.9%) |
| Renter Occupied HU | 8,625 (46.3%) |
| Vacant Housing Units | 1,266 ( 6.8%) |
| Median Home Value | $546,946 |
| Average Home Value | $594,935 |
Housing Distribution
Address Breakdown
Residential
18,020
Single Family
8,802
Multi-Family
9,218
Businesses
835
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
Townhouse
Built in 1988
3,267 sqft lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75248, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,635 (100%) |
| Owner Occupied HU | 8,744 (46.9%) |
| Renter Occupied HU | 8,625 (46.3%) |
| Vacant Housing Units | 1,266 ( 6.8%) |
| Median Home Value | $546,946 |
| Average Home Value | $594,935 |
Housing Distribution
Address Breakdown
Residential
18,020
Single Family
8,802
Multi-Family
9,218
Businesses
835
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tom Chapman • Keller Williams Legacy
Mls Name: NTREIS
Mls ID: #20942708
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.