7002 Redbud DrDallasTX75227
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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
Rental property for sale in Dallas at 7002 Redbud Dr, Dallas, TX, 75227 priced at $169,999 converts $1,548/mo rent into $339/mo cash flow after a $832/mo obligation. Total monthly income equals $1,548/mo, and annual cash flow totals $4,070/yr on $56,355 invested. Return on cash invested prints 27.13% in year one, and rental yield reads 10.93% against a $169,999 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation compiles into $46,968 by year five. Five-year ROI reaches 142.83% and total cumulative return in cash sums $80,493. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,548/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1952
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75227, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,278 (100%) |
| Owner Occupied HU | 9,592 (47.3%) |
| Renter Occupied HU | 9,463 (46.7%) |
| Vacant Housing Units | 1,223 ( 6.0%) |
| Median Home Value | $217,315 |
| Average Home Value | $258,721 |
Housing Distribution
Address Breakdown
Residential
18,204
Single Family
13,752
Multi-Family
4,452
Businesses
969
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Listed by: Yusuf Shaikh • 24-Hour Realty
Mls Name: NTREIS
Mls ID: #20939255
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.