7715 Olusta DrDallasTX75217
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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 7715 Olusta Dr, Dallas, TX, 75217 priced at $248,900 converts $2,362/mo rent into $592/mo cash flow after a $1,218/mo obligation. Total monthly income equals $2,362/mo, and annual cash flow totals $7,107/yr on $82,510 invested. Return on cash invested prints 28.52% in year one, and rental yield reads 11.39% against a $248,900 entry. Equity gained on principal adds $1,606/yr, while 5% annual appreciation compiles into $68,766 by year five. Five-year ROI reaches 150.28% and total cumulative return in cash sums $123,997. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,362/mo property income covering a $1,218/mo payment, not borrower’s personal income.
Single Family
Built in 1959
7,535 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75217, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,962 (100%) |
| Owner Occupied HU | 13,760 (59.9%) |
| Renter Occupied HU | 7,990 (34.8%) |
| Vacant Housing Units | 1,212 ( 5.3%) |
| Median Home Value | $183,951 |
| Average Home Value | $215,605 |
Housing Distribution
Address Breakdown
Residential
24,395
Single Family
21,947
Multi-Family
2,448
Businesses
1,367
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Listed by: Malinda Henderson • North Texas Homes
Mls Name: NTREIS
Mls ID: #20728069
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.