9601 Forest Ln APT 1113DallasTX75243
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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 9601 Forest Ln APT 1113, Dallas, TX, 75243 generates $832/mo in rent, after a $523/mo payment. Total monthly income is $832/mo. Return on cash invested sits at 11.17% in year one, and rental yield is 9.34% on a $106,900 entry. Equity gained on principal adds $690/yr, while 5% annual appreciation builds toward $29,535 over five years. Five-year ROI reaches 61.39% and total cumulative return in cash sums $21,754. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $832/mo property income rather than buyer’s personal income.
Condo
Built in 1983
3.81 Acres lot
$N/A/sqft
$330 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75243, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,822 (100%) |
| Owner Occupied HU | 6,966 (24.2%) |
| Renter Occupied HU | 18,726 (65.0%) |
| Vacant Housing Units | 3,130 (10.9%) |
| Median Home Value | $406,000 |
| Average Home Value | $459,045 |
Housing Distribution
Address Breakdown
Residential
28,794
Single Family
8,468
Multi-Family
20,326
Businesses
2,250
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Listed by: Emily Flores • Compass RE Texas, LLC - Memorial
Mls Name: HAR
Mls Provider:
Mls ID: #41211431
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