7824 Reese StDallasTX75241
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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 7824 Reese St, Dallas, TX, 75241 uses $102,102 cash to close to unlock $3,351/yr annual cash flow and $279/mo monthly cash flow. Total monthly income runs $2,470/mo, and a $1,508/mo payment keeps the spread at $279/mo. Purchase price stands at $307,999, and rental yield measures 9.62% with $2,470/mo rent. Return on cash invested shows 23.19% in year one, and 5% annual appreciation builds toward $85,094 over five years. Five-year ROI reaches 121.68% and total cumulative return in cash records $124,239. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,470/mo property income covering a $1,508/mo payment rather than investor’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75241, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,602 (100%) |
| Owner Occupied HU | 6,357 (54.8%) |
| Renter Occupied HU | 4,407 (38.0%) |
| Vacant Housing Units | 838 ( 7.2%) |
| Median Home Value | $215,762 |
| Average Home Value | $264,367 |
Housing Distribution
Address Breakdown
Residential
11,014
Single Family
9,481
Multi-Family
1,533
Businesses
536
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