6646 E Lovers Ln APT 603DallasTX75214
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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 603, Dallas, TX, 75214 listed at $132,500 pairs $2,201/mo rent with a $649/mo payment to leave $825/mo cash flow. Total monthly income runs $2,201/mo, and annual cash flow reaches $9,903/yr on $43,924 cash to close. Return on cash invested measures 42.46% in year one, and rental yield registers 19.93% at a $132,500 basis. Equity gained on principal adds $855/yr, and annual property appreciation at 5% supports $36,607 by year five. Five-year ROI tracks 229.34% and total cumulative return in cash totals $100,736. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,201/mo property income relative to a $649/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1979
5.03 Acres lot
$N/A/sqft
$433 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: Allison Reimschussel • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #20749744
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.