7411 Greenspan DrDallasTX75232
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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 7411 Greenspan Dr, Dallas, TX, 75232 uses $54,697 cash to close to unlock $1,491/yr annual cash flow and $124/mo monthly cash flow. Total monthly income runs $1,298/mo, and a $808/mo payment keeps the spread at $124/mo. Purchase price stands at $164,999, and rental yield measures 9.44% with $1,298/mo rent. Return on cash invested shows 22.63% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 118.71% and total cumulative return in cash records $64,931. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,298/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1956
8,189 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75232, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,524 (100%) |
| Owner Occupied HU | 6,328 (60.1%) |
| Renter Occupied HU | 3,634 (34.5%) |
| Vacant Housing Units | 562 ( 5.3%) |
| Median Home Value | $257,368 |
| Average Home Value | $353,589 |
Housing Distribution
Address Breakdown
Residential
10,681
Single Family
9,138
Multi-Family
1,543
Businesses
356
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