6342 E Lovers LnDallasTX75214
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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 6342 E Lovers Ln, Dallas, TX, 75214 offers a 10.34% rental yield on a $639,000 purchase with $5,508/mo rent. Total monthly income registers $5,508/mo, and a $3,128/mo payment leaves $964/mo available for distribution. Annual cash flow reaches $11,563/yr on $210,231 to close, and return on cash invested stands at 25.56% in year one. Equity gained on principal adds $4,123/yr while 5% annual appreciation supports $176,544 over five years. Portfolio math shows five-year ROI at 134.34% and total cumulative return in cash at $282,424. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,508/mo property income against a $3,128/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
9,626 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
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