6646 E Lovers Ln APT 1104DallasTX75214
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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 6646 E Lovers Ln APT 1104, Dallas, TX, 75214 offers a 15.89% rental yield on a $159,995 purchase with $2,118/mo rent. Total monthly income registers $2,118/mo, and a $783/mo payment leaves $459/mo available for distribution. Annual cash flow reaches $5,503/yr on $53,038 to close, and return on cash invested stands at 30.29% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,204 over five years. Portfolio math shows five-year ROI at 163.99% and total cumulative return in cash at $86,976. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,118/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1979
5.03 Acres lot
$N/A/sqft
$430 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75214, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,675 (100%) |
| Owner Occupied HU | 9,185 (52.0%) |
| Renter Occupied HU | 7,088 (40.1%) |
| Vacant Housing Units | 1,402 ( 7.9%) |
| Median Home Value | $691,446 |
| Average Home Value | $821,666 |
Housing Distribution
Address Breakdown
Residential
17,787
Single Family
11,641
Multi-Family
6,146
Businesses
1,035
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Listed by: Iman Farzadpour • Ultimate Real Estate Group LLC
Mls Name: NTREIS
Mls ID: #20734645
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.