6546 Portside Ridge LnDallasTX75249
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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 6546 Portside Ridge Ln, Dallas, TX, 75249 priced at $375,900 converts $3,493/mo rent into $798/mo cash flow after a $1,840/mo obligation. Total monthly income equals $3,493/mo, and annual cash flow totals $9,575/yr on $124,611 invested. Return on cash invested prints 27.59% in year one, and rental yield reads 11.15% against a $375,900 entry. Equity gained on principal adds $2,426/yr, while 5% annual appreciation compiles into $103,854 by year five. Five-year ROI reaches 145.32% and total cumulative return in cash sums $181,089. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,493/mo property income covering a $1,840/mo payment, not borrower’s personal income.
Single Family
Built in 2008
5,384 sqft lot
$N/A/sqft
$262 annually 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: Marvin Hunley • Lone Star Realty
Mls Name: NTREIS
Mls ID: #20899860
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.