6609 Ridgeview CirDallasTX75240
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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
Total monthly income runs $6,311/mo, and a $5,710/mo payment. Purchase price stands at $1,166,600, and rental yield measures 6.49% with $6,311/mo rent. Return on cash invested shows 14.07% in year one, and 5% annual appreciation builds toward $322,310 over five years. Five-year ROI reaches 72.67% and total cumulative return in cash records $274,681. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,311/mo property income covering a $5,710/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75240, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,532 (100%) |
| Owner Occupied HU | 2,391 (16.5%) |
| Renter Occupied HU | 10,786 (74.2%) |
| Vacant Housing Units | 1,355 ( 9.3%) |
| Median Home Value | $459,306 |
| Average Home Value | $604,977 |
Housing Distribution
Address Breakdown
Residential
12,400
Single Family
3,369
Multi-Family
9,031
Businesses
1,576
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