713 Glen Rhea DrLake DallasTX75065
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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 Lake Dallas at 713 Glen Rhea Dr, Lake Dallas, TX, 75065 uses $91,163 cash to close to unlock $533/yr annual cash flow and $44/mo monthly cash flow. Total monthly income runs $2,000/mo, and a $1,346/mo payment keeps the spread at $44/mo. Purchase price stands at $275,000, and rental yield measures 8.73% with $2,000/mo rent. Return on cash invested shows 20.49% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 107.2% and total cumulative return in cash records $97,727. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,000/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1978
5,314 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75065, Lake Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,479 (100%) |
| Owner Occupied HU | 3,998 (73.0%) |
| Renter Occupied HU | 1,277 (23.3%) |
| Vacant Housing Units | 204 ( 3.7%) |
| Median Home Value | $440,366 |
| Average Home Value | $480,394 |
Housing Distribution
Address Breakdown
Residential
5,473
Single Family
4,671
Multi-Family
802
Businesses
478
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Listed by: Tanner Blankenfeld • Unistar Properties
Mls Name: NTREIS
Mls ID: #21122000