7916 Royal Ln #213DallasTX75230
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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 7916 Royal Ln #213, Dallas, TX, 75230 earns from $1,463/mo rent with a $1,028/mo payment. Total monthly income totals $1,463/mo. ROI tracks 10.42% on current figures, and rental yield reads 8.36% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 56.44% and total cumulative return in cash sums $39,292. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,463/mo property income instead of your personal income.
Condo
Built in 1974
2.36 Acres lot
$N/A/sqft
$520 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: Valerie Rivas • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #20973346
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.