9843 Park Lane CtDallasTX75220
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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 9843 Park Lane Ct, Dallas, TX, 75220 generates $1,381/mo in rent and, after a $857/mo payment, leaves $136/mo in cash flow. Total monthly income is $1,381/mo, and annual cash flow is $1,633/yr on $58,013 invested. Return on cash invested sits at 22.72% in year one, and rental yield is 9.47% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 119.22% and total cumulative return in cash sums $69,163. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,381/mo property income rather than buyer’s personal income.
Condo
Built in 1968
4.43 Acres lot
$N/A/sqft
No 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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