9311 Esplanade DrDallasTX75220
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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
Rental property for sale in Dallas at 9311 Esplanade Dr, Dallas, TX, 75220 offers $6,665/mo rent that, after a $2,858/mo payment, leaves $2,162/mo cash flow. Total monthly income is $6,665/mo, and annual cash flow is $25,950/yr on $192,136 cash. Return on cash invested measures 33.57% in year one, and rental yield stands at 13.7% at a $584,000 entry. Equity gained on principal adds $3,768/yr while 5% annual appreciation compounds into $161,348 by year five. Five-year ROI records 178.06% and total cumulative return in cash reaches $342,124. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,665/mo property income versus a $2,858/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1978
2,744 sqft lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75220, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,806 (100%) |
| Owner Occupied HU | 4,650 (29.4%) |
| Renter Occupied HU | 9,597 (60.7%) |
| Vacant Housing Units | 1,559 ( 9.9%) |
| Median Home Value | $526,765 |
| Average Home Value | $787,369 |
Housing Distribution
Address Breakdown
Residential
15,109
Single Family
6,713
Multi-Family
8,396
Businesses
1,794
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Listed by: Rannjana Ichhpuniani • Keller Williams Dallas Midtown
Mls Name: NTREIS
Mls ID: #20695225
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.