6806 Lockheed AveDallasTX75209
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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 6806 Lockheed Ave, Dallas, TX, 75209 earns $6,012/mo cash flow from $14,352/mo rent with a $5,384/mo payment. Total monthly income totals $14,352/mo, and annual cash flow totals $72,141/yr on $356,400 capital. ROI tracks 40.61% on current figures, and rental yield reads 15.66% at a $1,100,000 purchase. Equity gained on principal adds $7,098/yr, and 5% annual appreciation supports $303,910 over five years. Five-year ROI reaches 215.62% and total cumulative return in cash sums $768,487. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $14,352/mo property income instead of your personal income.
Single Family
Built in 2021
6,490 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75209, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,729 (100%) |
| Owner Occupied HU | 4,456 (57.7%) |
| Renter Occupied HU | 2,555 (33.1%) |
| Vacant Housing Units | 718 ( 9.3%) |
| Median Home Value | $803,285 |
| Average Home Value | $1,023,005 |
Housing Distribution
Address Breakdown
Residential
7,445
Single Family
5,364
Multi-Family
2,081
Businesses
561
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Listed by: Aziza Macisaac • Engel&Volkers Dallas Southlake
Mls Name: NTREIS
Mls ID: #20551844
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.