6643 Gretchen LnDallasTX75252
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 6643 Gretchen Ln, Dallas, TX, 75252 in Dallas hard to pass up. The 10.13% gross yield on a $869,900 purchase results in $7,342/mo in rent and $1,156/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.88). Annual cash flow of $13,867, five-year appreciation of $240,337, and $8,012/yr in equity build-up combine for a projected total cumulative return of $407,704.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.5% |
| Monthly Cash Flow | $1,156 | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,342 |
| Total Monthly Debt Service | $5,840 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1992
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75252, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,239 (100%) |
| Owner Occupied HU | 6,010 (42.2%) |
| Renter Occupied HU | 7,471 (52.5%) |
| Vacant Housing Units | 758 ( 5.3%) |
| Median Home Value | $641,190 |
| Average Home Value | $684,090 |
Housing Distribution
Address Breakdown
Residential
14,483
Single Family
6,217
Multi-Family
8,266
Businesses
795
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1992
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75252, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,239 (100%) |
| Owner Occupied HU | 6,010 (42.2%) |
| Renter Occupied HU | 7,471 (52.5%) |
| Vacant Housing Units | 758 ( 5.3%) |
| Median Home Value | $641,190 |
| Average Home Value | $684,090 |
Housing Distribution
Address Breakdown
Residential
14,483
Single Family
6,217
Multi-Family
8,266
Businesses
795
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christie Cannon • Keller Williams Frisco Stars
Mls Name: NTREIS
Mls ID: #21000752
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.