9052 Fringewood 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 9052 Fringewood Dr, Dallas, TX, 75228 uses $154,148 cash to close to unlock $3,603/yr annual cash flow and $300/mo monthly cash flow. Total monthly income runs $3,607/mo, and a $2,276/mo payment keeps the spread at $300/mo. Purchase price stands at $465,000, and rental yield measures 9.31% with $3,607/mo rent. Return on cash invested shows 22.25% in year one, and 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 116.6% and total cumulative return in cash records $179,735. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,607/mo property income covering a $2,276/mo payment rather than investor’s personal income.
Single Family
Built in 1962
10,280 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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