6551 Lazy River Dr, Dallas, TX, 75241 | $901/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

6551 Lazy River Dr, Dallas, TX, 75241 | $901/mo Cash Flow | Ziffy

Pending

Rental Income

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Currently Rented+ 3 more

6 Bed
2 Bath
2320 sft

508-510 Matterhorn St, Cedar Hill, TX, 75104

3 Bed
1 Bath
1020 sft

729 Goldwood Dr, Dallas, TX, 75232

2 Bed
2 Bath
969 sft

113 E Criddle St, Waxahachie, TX, 75165

2 Bed
2 Bath
1024 sft

6205 Patriotic Ct, Arlington, TX, 76002

Nearby investment properties with comparable prices

3 Bed
2 Bath
1506 sft

2323 Clareton Dr, Arlington, TX, 76018

2 Bed
1 Bath
873 sft

1735 Creek View Dr, Glenn Heights, TX, 75154

3 Bed
2 Bath
1530 sft

244 Dunlap St, Waxahachie, TX, 75165

3 Bed
1 Bath
1013 sft

1200 Lima St, Dallas, TX, 75232

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Dallas at 6551 Lazy River Dr, Dallas, TX, 75241 listed at $160,000 pairs $2,039/mo rent with a $783/mo payment to leave $901/mo cash flow. Total monthly income runs $2,039/mo, and annual cash flow reaches $10,816/yr on $53,040 cash to close. Return on cash invested measures 40.3% in year one, and rental yield registers 15.29% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Five-year ROI tracks 213.46% and total cumulative return in cash totals $113,222. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,039/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1963

10,193 sqft lot

$N/A/sqft

No HOA

More details about the property

MULTIPLE OFFERS RECEIVED! Highest and best deadline is NOON 8-19-2025! This charming 3-bedroom, 1.5-bath home is tucked away in the established Singing Hills neighborhood of South Dallas. It offers a spacious living room with a large picture window, a kitchen with an electric range, microwave, and stainless steel side-by-side refrigerator, and an enormous laundry room with space to add an outlet for a second fridge or deep freeze. The primary bedroom has a private half-bath, and the shared full bath has been updated with newer tile and a modern vanity. Two generously sized secondary bedrooms, an attached one-car garage, and a large backyard round out the property. Conveniently located near major highways, schools, and shopping, its a great choice for buyers ready to make it their own or investors seeking a solid rental opportunity.

Neighborhood Data

Neighborhood data shown for ZIP Code: 75241, Dallas, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,602 (100%)
Owner Occupied HU	6,357 (54.8%)
Renter Occupied HU	4,407 (38.0%)
Vacant Housing Units	838 ( 7.2%)
Median Home Value	$215,762
Average Home Value	$264,367