8616 Turtle Creek Blvd APT 206DallasTX75225
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 8616 Turtle Creek Blvd APT 206, Dallas, TX, 75225 uses $107,406 cash to close to unlock $6,682/yr annual cash flow and $557/mo monthly cash flow. Total monthly income runs $2,861/mo, and a $1,586/mo payment keeps the spread at $557/mo. Purchase price stands at $324,000, and rental yield measures 10.6% with $2,861/mo rent. Return on cash invested shows 26.13% in year one, and 5% annual appreciation builds toward $89,515 over five years. Five-year ROI reaches 137.41% and total cumulative return in cash records $147,587. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,861/mo property income covering a $1,586/mo payment rather than investor’s personal income.
Condo
Built in 2006
1.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75225, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,168 (100%) |
| Owner Occupied HU | 6,795 (66.8%) |
| Renter Occupied HU | 2,337 (23.0%) |
| Vacant Housing Units | 1,036 (10.2%) |
| Median Home Value | $1,346,967 |
| Average Home Value | $1,377,369 |
Housing Distribution
Address Breakdown
Residential
10,020
Single Family
6,504
Multi-Family
3,516
Businesses
1,648
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices