7036 Wakefield StDallasTX75231
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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 7036 Wakefield St, Dallas, TX, 75231 offers a 6.53% rental yield on a $719,000 purchase with $3,911/mo rent. 96% in year one. Equity gained on principal adds $4,640/yr while 5% annual appreciation supports $198,646 over five years. Portfolio math shows five-year ROI at 72.16% and total cumulative return in cash at $170,693. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,911/mo property income against a $3,519/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
9,234 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75231, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,072 (100%) |
| Owner Occupied HU | 3,394 (15.4%) |
| Renter Occupied HU | 15,728 (71.3%) |
| Vacant Housing Units | 2,950 (13.4%) |
| Median Home Value | $541,224 |
| Average Home Value | $538,955 |
Housing Distribution
Address Breakdown
Residential
21,094
Single Family
4,505
Multi-Family
16,589
Businesses
1,720
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