6646 E Lovers Ln APT 1305DallasTX75214
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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 1305, Dallas, TX, 75214 uses $39,614 cash to close to unlock $16,681/yr annual cash flow and $1,390/mo monthly cash flow. Total monthly income runs $2,550/mo, and a $585/mo payment keeps the spread at $1,390/mo. Purchase price stands at $119,500, and rental yield measures 25.61% with $2,550/mo rent. Return on cash invested shows 62.02% in year one, and 5% annual appreciation builds toward $33,016 over five years. Five-year ROI reaches 333.38% and total cumulative return in cash records $132,066. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,550/mo property income covering a $585/mo payment rather than investor’s personal income.
Condo
Built in 1979
5.03 Acres lot
$N/A/sqft
$310 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: Franceanna Campagna • Campagna Real Estate Corp.
Mls Name: NTREIS
Mls ID: #20647003
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.