6420 Knoll Ridge DrDallasTX75249
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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 6420 Knoll Ridge Dr, Dallas, TX, 75249 priced at $390,000 pairs $5,276/mo rent with $2,503/mo cash flow after a $1,909/mo payment. Total monthly income equals $5,276/mo, and annual cash flow comes to $30,030/yr on $129,285 invested. Return on cash invested is 43.14% in year one, and rental yield stands at 16.23% on a $390,000 basis. Equity gained on principal adds $2,517/yr, and 5% annual appreciation accumulates to $107,750 by year five. Five-year ROI measures 228.63% and total cumulative return in cash reaches $295,580. For financing, Ziffy Mortgage’s DSCR program evaluates $5,276/mo property income against a $1,909/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
9,321 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75249, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,189 (100%) |
| Owner Occupied HU | 3,823 (73.7%) |
| Renter Occupied HU | 1,186 (22.9%) |
| Vacant Housing Units | 180 ( 3.5%) |
| Median Home Value | $285,462 |
| Average Home Value | $329,365 |
Housing Distribution
Address Breakdown
Residential
4,842
Single Family
4,842
Multi-Family
0
Businesses
28
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Listed by: Kathy Lajara • HomeSmart
Mls Name: NTREIS
Mls ID: #20698381
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.