7736 Meadow Rd APT 203DallasTX75230
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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
Total monthly income runs $1,667/mo, and a $1,150/mo payment. Purchase price stands at $235,000, and rental yield measures 8.51% with $1,667/mo rent. Return on cash invested shows 6.59% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 37.47% and total cumulative return in cash records $29,188. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,667/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Condo
Built in 1966
2.04 Acres lot
$N/A/sqft
$820 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75230, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,818 (100%) |
| Owner Occupied HU | 7,824 (52.8%) |
| Renter Occupied HU | 5,570 (37.6%) |
| Vacant Housing Units | 1,424 ( 9.6%) |
| Median Home Value | $871,958 |
| Average Home Value | $1,051,339 |
Housing Distribution
Address Breakdown
Residential
14,197
Single Family
8,433
Multi-Family
5,764
Businesses
1,190
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Listed by: Matt Templeton • Keller Williams Urban Dallas
Mls Name: NTREIS
Mls ID: #20956210
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