6632 Lockheed AveDallasTX75209
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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 6632 Lockheed Ave, Dallas, TX, 75209 offers $1,844/mo rent that, after a $1,835/mo payment. Total monthly income is $1,844/mo. Return on cash invested measures 11.4% in year one, and rental yield stands at 5.9% at a $375,000 entry. Equity gained on principal adds $2,420/yr while 5% annual appreciation compounds into $103,606 by year five. Five-year ROI records 58.64% and total cumulative return in cash reaches $72,891. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,844/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1944
6,185 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75209, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,729 (100%) |
| Owner Occupied HU | 4,456 (57.7%) |
| Renter Occupied HU | 2,555 (33.1%) |
| Vacant Housing Units | 718 ( 9.3%) |
| Median Home Value | $803,285 |
| Average Home Value | $1,023,005 |
Housing Distribution
Address Breakdown
Residential
7,445
Single Family
5,364
Multi-Family
2,081
Businesses
561
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Listed by: Marlo Dell'aquila • Agency Dallas Park Cities, LLC
Mls Name: NTREIS
Mls ID: #20920845
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.