7431 Elderberry LnDallasTX75249
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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
Rental property for sale in Dallas at 7431 Elderberry Ln, Dallas, TX, 75249 generates $2,857/mo in rent and, after a $1,689/mo payment, leaves $403/mo in cash flow. Total monthly income is $2,857/mo, and annual cash flow is $4,839/yr on $114,368 invested. Return on cash invested sits at 24.14% in year one, and rental yield is 9.94% on a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 126.76% and total cumulative return in cash sums $144,976. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,857/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
8,755 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
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Listed by: Kristen Jackson • Bray Real Estate Group- Dallas
Mls Name: NTREIS
Mls ID: #20940169
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.