8621 Grenadier DrDallasTX75238
INVESTMENT ANALYSIS
Investment Verdict
Solid Income8621 Grenadier Dr, Dallas, TX, 75238 in Dallas is a solid income-producing rental, 9.39% gross yield, $3,232/mo rent, $296/mo net cash flow on a $412,775 buy. DSCR 1.74 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $114,042 and $3,802/yr in principal reduction project a total cumulative return of $177,317.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.5% |
| Monthly Cash Flow | $296 | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,232 |
| Total Monthly Debt Service | $2,771 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1962
8,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75238, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,360 (100%) |
| Owner Occupied HU | 6,334 (44.1%) |
| Renter Occupied HU | 6,978 (48.6%) |
| Vacant Housing Units | 1,048 ( 7.3%) |
| Median Home Value | $525,671 |
| Average Home Value | $592,757 |
Housing Distribution
Address Breakdown
Residential
13,543
Single Family
8,149
Multi-Family
5,394
Businesses
1,292
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
Single Family
Built in 1962
8,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75238, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,360 (100%) |
| Owner Occupied HU | 6,334 (44.1%) |
| Renter Occupied HU | 6,978 (48.6%) |
| Vacant Housing Units | 1,048 ( 7.3%) |
| Median Home Value | $525,671 |
| Average Home Value | $592,757 |
Housing Distribution
Address Breakdown
Residential
13,543
Single Family
8,149
Multi-Family
5,394
Businesses
1,292
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joe Gall • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #21004772
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.