7048 Joyce WayDallasTX75225
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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 7048 Joyce Way, Dallas, TX, 75225 uses $328,671 cash to close to unlock $3,871/yr annual cash flow and $323/mo monthly cash flow. Total monthly income runs $7,427/mo, and a $4,890/mo payment keeps the spread at $323/mo. Purchase price stands at $999,000, and rental yield measures 8.92% with $7,427/mo rent. Return on cash invested shows 21.24% in year one, and 5% annual appreciation builds toward $276,005 over five years. Five-year ROI reaches 111.15% and total cumulative return in cash records $365,330. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,427/mo property income covering a $4,890/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75225, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,168 (100%) |
| Owner Occupied HU | 6,795 (66.8%) |
| Renter Occupied HU | 2,337 (23.0%) |
| Vacant Housing Units | 1,036 (10.2%) |
| Median Home Value | $1,346,967 |
| Average Home Value | $1,377,369 |
Housing Distribution
Address Breakdown
Residential
10,020
Single Family
6,504
Multi-Family
3,516
Businesses
1,648
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