7308 Summit Parc DrDallasTX75249
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 7308 Summit Parc Dr, Dallas, TX, 75249 in Dallas speaks for itself: 10.87% gross on a $315,000 price, generating $2,852/mo in rent and $582/mo in net income after the $1,416/mo debt service. DSCR 2.01, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,989 stacks alongside $87,029 in projected five-year appreciation and $2,901/yr in principal reduction. Projected total cumulative return: $160,126.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.5% |
| Monthly Cash Flow | $582 | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,852 |
| Total Monthly Debt Service | $2,115 |
| DSCR Ratio | 1.35x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2006
5,924 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75249, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,189 (100%) |
| Owner Occupied HU | 3,823 (73.7%) |
| Renter Occupied HU | 1,186 (22.9%) |
| Vacant Housing Units | 180 ( 3.5%) |
| Median Home Value | $285,462 |
| Average Home Value | $329,365 |
Housing Distribution
Address Breakdown
Residential
4,842
Single Family
4,842
Multi-Family
0
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2006
5,924 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75249, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,189 (100%) |
| Owner Occupied HU | 3,823 (73.7%) |
| Renter Occupied HU | 1,186 (22.9%) |
| Vacant Housing Units | 180 ( 3.5%) |
| Median Home Value | $285,462 |
| Average Home Value | $329,365 |
Housing Distribution
Address Breakdown
Residential
4,842
Single Family
4,842
Multi-Family
0
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices