7322 Wake Forrest DrDallasTX75214
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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 7322 Wake Forrest Dr, Dallas, TX, 75214 with 5% annual appreciation on a $1,298,000 basis while $12,880/mo rent supports operations. Total monthly income totals $12,880/mo and a $6,353/mo payment preserves $3,650/mo for cash returns. Annual cash flow comes to $43,797/yr on $420,552 deployed, and return on cash invested reaches 30.78% in year one. Equity gained on principal adds $8,376/yr, and five-year appreciation sums $358,613 alongside rental yield of 11.91%. Five-year ROI measures 162.3% and total cumulative return in cash totals $682,535.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $12,880/mo property income versus a $6,353/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75214, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,675 (100%) |
| Owner Occupied HU | 9,185 (52.0%) |
| Renter Occupied HU | 7,088 (40.1%) |
| Vacant Housing Units | 1,402 ( 7.9%) |
| Median Home Value | $691,446 |
| Average Home Value | $821,666 |
Housing Distribution
Address Breakdown
Residential
17,787
Single Family
11,641
Multi-Family
6,146
Businesses
1,035
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Listed by: Lea McFalls Zeqiri • Realtec Realty, LLC
Mls Name: NTREIS
Mls ID: #20639975
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.