6804 Passage DrDallasTX75236
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 6804 Passage Dr, Dallas, TX, 75236 in Dallas: $5,172/mo in rent, $2,317/mo net, 15.52% gross yield, all on a $399,999 acquisition. The 2.87 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $110,512 in value, and $3,684/yr in principal paydown steadily builds equity. Projected total cumulative return: $302,457.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.5% | 6.5% |
| Monthly Cash Flow | $2,317 | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,172 |
| Total Monthly Debt Service | $2,695 |
| DSCR Ratio | 1.92x |
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 2011
6,621 sqft lot
$N/A/sqft
$121 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75236, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,628 (100%) |
| Owner Occupied HU | 2,386 (36.0%) |
| Renter Occupied HU | 3,397 (51.3%) |
| Vacant Housing Units | 845 (12.7%) |
| Median Home Value | $302,867 |
| Average Home Value | $317,813 |
Housing Distribution
Address Breakdown
Residential
7,592
Single Family
2,972
Multi-Family
4,620
Businesses
283
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 2011
6,621 sqft lot
$N/A/sqft
$121 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75236, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,628 (100%) |
| Owner Occupied HU | 2,386 (36.0%) |
| Renter Occupied HU | 3,397 (51.3%) |
| Vacant Housing Units | 845 (12.7%) |
| Median Home Value | $302,867 |
| Average Home Value | $317,813 |
Housing Distribution
Address Breakdown
Residential
7,592
Single Family
2,972
Multi-Family
4,620
Businesses
283
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices