8347 Coral DrDallasTX75243
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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 8347 Coral Dr, Dallas, TX, 75243 earns from $6,169/mo rent with a $4,650/mo payment. Total monthly income totals $6,169/mo. ROI tracks 17.41% on current figures, and rental yield reads 7.79% at a $950,000 purchase. Equity gained on principal adds $6,130/yr, and 5% annual appreciation supports $262,467 over five years. Five-year ROI reaches 90.75% and total cumulative return in cash sums $283,634. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,169/mo property income instead of your personal income.
Single Family
Built in 1993
7,100 sqft lot
$N/A/sqft
$313 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75243, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,822 (100%) |
| Owner Occupied HU | 6,966 (24.2%) |
| Renter Occupied HU | 18,726 (65.0%) |
| Vacant Housing Units | 3,130 (10.9%) |
| Median Home Value | $406,000 |
| Average Home Value | $459,045 |
Housing Distribution
Address Breakdown
Residential
28,794
Single Family
8,468
Multi-Family
20,326
Businesses
2,250
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Listed by: Kimberly Rhone • Dave Perry Miller Real Estate
Mls Name: NTREIS
Mls ID: #20961186
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.