8423 Sweetwater DrDallasTX75228
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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 8423 Sweetwater Dr, Dallas, TX, 75228 uses $119,009 cash to close to unlock $1,393/yr annual cash flow and $116/mo monthly cash flow. Total monthly income runs $2,948/mo, and a $1,757/mo payment keeps the spread at $116/mo. Purchase price stands at $359,000, and rental yield measures 9.85% with $2,948/mo rent. Return on cash invested shows 21.08% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 111.39% and total cumulative return in cash records $132,559. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,948/mo property income covering a $1,757/mo payment rather than investor’s personal income.
Single Family
Built in 1960
8,015 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75228, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,806 (100%) |
| Owner Occupied HU | 11,522 (43.0%) |
| Renter Occupied HU | 13,198 (49.2%) |
| Vacant Housing Units | 2,086 ( 7.8%) |
| Median Home Value | $320,409 |
| Average Home Value | $351,371 |
Housing Distribution
Address Breakdown
Residential
25,654
Single Family
16,017
Multi-Family
9,637
Businesses
1,041
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Listed by: Cristen Quinones • Real
Mls Name: NTREIS
Mls ID: #20975129
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.