6643 Gretchen LnDallasTX75252
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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
Investment property for sale in Dallas at 6643 Gretchen Ln, Dallas, TX, 75252 uses $286,197 cash to close to unlock $13,869/yr annual cash flow and $1,156/mo monthly cash flow. Total monthly income runs $7,342/mo, and a $4,258/mo payment keeps the spread at $1,156/mo. Purchase price stands at $869,900, and rental yield measures 10.13% with $7,342/mo rent. Return on cash invested shows 24.91% in year one, and 5% annual appreciation builds toward $240,337 over five years. Five-year ROI reaches 130.82% and total cumulative return in cash records $374,405. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,342/mo property income covering a $4,258/mo payment rather than investor’s personal income.
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
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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.