816 Green Cove LnDallasTX75232
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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 816 Green Cove Ln, Dallas, TX, 75232 with 5% annual appreciation on a $349,900 basis while $2,538/mo rent supports operations. Total monthly income totals $2,538/mo and a $1,713/mo payment preserves $49/mo for cash returns. Annual cash flow comes to $593/yr on $115,992 deployed, and return on cash invested reaches 20.42% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,671 alongside rental yield of 8.7%. Five-year ROI measures 106.81% and total cumulative return in cash totals $123,894.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,538/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75232, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,524 (100%) |
| Owner Occupied HU | 6,328 (60.1%) |
| Renter Occupied HU | 3,634 (34.5%) |
| Vacant Housing Units | 562 ( 5.3%) |
| Median Home Value | $257,368 |
| Average Home Value | $353,589 |
Housing Distribution
Address Breakdown
Residential
10,681
Single Family
9,138
Multi-Family
1,543
Businesses
356
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