8234 Merriweather DrDallasTX75236
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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 8234 Merriweather Dr, Dallas, TX, 75236 uses $127,628 cash to close to unlock $40,783/yr annual cash flow and $3,399/mo monthly cash flow. Total monthly income runs $6,146/mo, and a $1,884/mo payment keeps the spread at $3,399/mo. Purchase price stands at $385,000, and rental yield measures 19.16% with $6,146/mo rent. Return on cash invested shows 51.86% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 275.45% and total cumulative return in cash records $351,550. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,146/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 2011
5,488 sqft lot
$N/A/sqft
$120 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75236, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,628 (100%) |
| Owner Occupied HU | 2,386 (36.0%) |
| Renter Occupied HU | 3,397 (51.3%) |
| Vacant Housing Units | 845 (12.7%) |
| Median Home Value | $302,867 |
| Average Home Value | $317,813 |
Housing Distribution
Address Breakdown
Residential
7,592
Single Family
2,972
Multi-Family
4,620
Businesses
283
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Listed by: Casey Gonzales • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #20699125
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.