9662 Ferndale RdDallasTX75238
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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 9662 Ferndale Rd, Dallas, TX, 75238 offers a 9.73% rental yield on a $430,000 purchase with $3,486/mo rent. Total monthly income registers $3,486/mo, and a $2,105/mo payment leaves $428/mo available for distribution. Annual cash flow reaches $5,134/yr on $142,545 to close, and return on cash invested stands at 23.51% in year one. Equity gained on principal adds $2,775/yr while 5% annual appreciation supports $118,801 over five years. Portfolio math shows five-year ROI at 123.36% and total cumulative return in cash at $175,839. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,486/mo property income against a $2,105/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
9,365 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
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