6808 Sweet Sue Ln · Dallas, TX
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 7/10 · Major
- Hot days now (above 110°F)
- 7 days/yr
- Hot days in 30 yrs
- 24 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +19.1/30.0
- ARV discount +15.0/15.0
- 1% rule +6.1/10.0
- DSCR +6.0/10.0
- Livability +4.0/5.0
- Schools +2.8/10.0
- Condition / age +2.5/5.0
- Rent growth +1.8/5.0
- Appreciation +0.0/10.0
$160,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Key facts
- 8,973 sq ft lot
- Garage
- Built 1962
Property features AI
Finance
- Other: Property type: Single Family Residence; Property not attached and has no accessory unit
- HOA & community: No homeowners association
Exterior
- Parking: Attached garage (1 car); One covered parking space; Garage faces front
- Utilities: City water; City sewer; No municipal utility district
- Home design: Single-family residence; Residential property; Built in 1962; One story
- Construction: Brick construction; Year built: 1962
- Exterior features: Lot under 0.5 acre (approximately 0.206 acres); Subdivision: Singing Hills
Interior
- Kitchen: Dishwasher; Garbage disposal; Dual sinks in the kitchen
- Bedrooms: 3 bedrooms (all on the main level); Primary bedroom on the main level
- Bathrooms: 2 bathrooms total (1 full, 1 half)
- Interior features: Vaulted ceiling(s); Six total rooms; One living area; One dining area; One level (single-story)
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.5-bath single-family listed at $160k.
Deal economics
- At list price, monthly cash flow is $171 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $160k).
- Cap rate 7.6% vs local median 2.3% in Dallas — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 81/100 on livability (#24 in TX, #1,380 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+; Watch: schools C-, crime F.
- Dallas ISD (urban): math 31% / reading 36% proficiency, ranked #559 of 826 in TX (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 83% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents soft (-2.8%/yr); 207 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals leasing fast (median 8d on market — plan ~1-2 weeks tenant-placement turnaround); 12,577 units permitted in Dallas County in 2024 (6,829 in 5+ unit buildings).
- This rent runs 40% of the median local income ($54k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
- Dallas County population projected at +35% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
Risks & watch-outs
- Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.11% ✓
- Cap rate
- 7.58%
- Cash-on-cash
- 4.59%
- DSCR
- 1.20
- GRM
- 7.5
CMA / ARV
- ARV (on-the-fly)
- $238,394
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1402 Sax Leigh Dr | 0.13mi | 3/2.0 (+1) | 1,426 (+4%) | 8mo | $274,999 | $193 | 75 |
| 6323 Harmony Ln | 0.40mi | 3/2.0 (+1) | 1,381 (+0%) | 0mo | $260,000 | $188 | 74 |
| 6208 Harmony Ln | 0.47mi | 3/1.5 (+1) | 1,294 (-6%) | 0mo | $199,500 | $154 | 62 |
| 1610 Sax Leigh Dr | 0.42mi | 3/2.0 (+1) | 1,428 (+4%) | 8mo | $237,000 | $166 | 61 |
| 6832 Carioca Cir | 0.09mi | 3/2.0 (+1) | 1,183 (-14%) | 6mo | $244,900 | $207 | 60 |
| 6934 Tractor Dr | 0.39mi | 3/2.0 (+1) | 1,295 (-6%) | 8mo | $235,000 | $181 | 58 |
| 6008 Samcar Trl | 0.59mi | 3/2.0 (+1) | 1,358 (-2%) | 10mo | $235,000 | $173 | 55 |
| 6626 Asled Ct | 0.34mi | 3/2.0 (+1) | 1,538 (+12%) | 10mo | $235,000 | $153 | 50 |
| 6310 Silvery Moon Dr | 0.35mi | 3/1.0 (+1) | 1,174 (-15%) | 7mo | $168,500 | $144 | 46 |
| 7419 Concordia Ln | 0.73mi | 3/2.0 (+1) | 1,265 (-8%) | 10mo | $224,000 | $177 | 37 |
| 1625 Solitude Dr | 0.72mi | 3/2.0 (+1) | 1,200 (-13%) | 1mo | $154,000 | $128 | 37 |
| 7309 Amber Dr | 0.69mi | 3/2.5 (+1) | 1,528 (+11%) | 8mo | $250,000 | $164 | 34 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -12.9%
- Equity multiple
- 0.55×
- Total profit
- $-20,127
- Equity at exit
- $23,857
- IRR
- -9.9%
- Equity multiple
- 0.48×
- Total profit
- $-23,189
- Equity at exit
- $13,834
Cash invested: $44,800 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 87 Strongly Landlord-Friendly
- State Texas
- 87 Strongly Landlord-Friendly · R+5
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 75241
- Home prices YoY
- -16.9%
- Rents YoY
- -2.8%
- Active inventory
- 207
- Price-to-rent
- 7.5×
Monthly cashflow live
- Estimated rent
- $1,777 high interval (Pro) →
- Mortgage (P&I)
- −$839
- Tax from tax record
- −$327 /mo · $3,927/yr
- Insurance
- −$67
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$373
- Net cashflow
- $171
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $40,000
- Closing costs
- $4,800
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 18 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1441 Quartet Dr Dallas, TX | 3.0 | 2.0 | 1319 | $1,700 | $1.29 | 5d | 1 | 0.08mi |
| 7324 Buford Dr Dallas, TX | 3.0 | 2.0 | 1405 | $2,011 | $1.43 | 15d | 1 | 0.75mi |
| 7326 Harold Walker Dr Dallas, TX | 3.0 | 1.5 | 1008 | $1,650 | $1.64 | 8d | 1 | 0.80mi |
| 1706 Caravan Trl Dallas, TX | 3.0 | 2.0 | 1263 | $1,700 | $1.35 | 24d | 1 | 0.80mi |
| 1435 Whispering Trl Dallas, TX | 3.0 | 1.0 | 1047 | $1,660 | $1.59 | 8d | 1 | 0.82mi |
| 1754 E Red Bird Ln Dallas, TX | 3.0 | 1.5 | 1115 | $1,675 | $1.50 | 8d | 1 | 0.82mi |
| 7463 Concordia Ln Dallas, TX | 3.0 | 2.0 | 1728 | $2,100 | $1.22 | 44d | 1 | 0.83mi |
| 5722 Old Ox Rd Dallas, TX | 3.0 | 2.0 | 1464 | $2,200 | $1.50 | 8d | 1 | 0.89mi |
| 2111 Crouch Rd Dallas, TX | 1.0–2.0 | 1.0–2.0 | 866 | $1,277 | $1.47 | 6d | 1 | 0.90mi |
| 5828 Lazy River Dr Dallas, TX | 3.0 | 1.5 | 1134 | $1,600 | $1.41 | 44d | 1 | 0.91mi |
| 7646 Concordia Ln Dallas, TX | 1.0 | 1.0 | 1468 | $650 | $0.44 | 8d | 1 | 0.96mi |
| 735 Panola Dr Dallas, TX | 3.0 | 2.0 | 1276 | $1,865 | $1.46 | 8d | 1 | 1.03mi |
| 704 Panola Dr Dallas, TX | 3.0 | 2.0 | 1359 | $2,030 | $1.49 | 8d | 1 | 1.09mi |
| 2525 Lyola St Dallas, TX | 3.0 | 2.0 | 1080 | $1,895 | $1.75 | 44d | 1 | 1.34mi |
| 1214 Adelaide Dr Dallas, TX | 3.0 | 1.0 | 1040 | $2,350 | $2.26 | 8d | 1 | 1.39mi |
| 1214 Adelaide Dr Dallas, TX | 3.0 | 1.0 | 1200 | $1,875 | $1.56 | 2d | 1 | 1.39mi |
| 247 Cliff Heights Cir Dallas, TX | 3.0 | 2.0 | 1166 | $1,775 | $1.52 | 8d | 1 | 1.39mi |
| 2520 Fatima Ave Dallas, TX | 3.0 | 2.0 | 1176 | $1,950 | $1.66 | 8d | 1 | 1.46mi |
Listing history 3 events
-
2026-05-20historical Active Option Contract
-
2026-05-15$160,000 Active
-
2024-07-23soldstatus
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast TX · Resets to sale price
- Current annual tax
- $3,927 · $327/mo
- Projected year-2 tax
- $3,927 · $327/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 3/10 Moderate
- Heat 7/10 Severe 7 d/yr ≥110°F today · 24 d/yr by 30 yrs out
- Wind 6/10 Major 27% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $21,330
- − Mortgage interest
- −$8,962
- − Property taxes
- −$3,927
- − Insurance
- −$800
- − Repairs & maintenance
- −$1,706
- − Management
- −$1,706
- − Depreciation
- −$4,655
- Taxable loss
- −$427
- Est. tax savings @ 24.0%
- +$103
- After-tax cash flow
- $2,157/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Dallas ISD
- NCES district ID
- 4816230
- Math proficiency
- 31% ▼ -16.00%
- Reading proficiency
- 36% ▼ -4.00%
- Median HH income
- $42,881
- Composite
- 28.41/100
- National rank
- #6763
- State rank
- #559 of 826 in TX
Livability — Dallas
- Score
- 81/100
- State rank
- #24
- US rank
- #1380
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Dallas, TX
- County
- Dallas County · 2,612,404 people
- City population
- 1,168,437
- Metro
- Dallas-Fort Worth-Arlington, TX
- Population (ZIP)
- 33,840
- Household income
- $53,998
- Rent vs Own
- Severe rent burden
- 1076.0
Population outlook (Dallas County) Hauer SSP2
- Today (2025)
- 2,979,839 people
- By 2030
- 3,191,823 · +7.1%
- By 2040
- 3,619,611 · +21.5%
- By 2050
- 4,026,915 · +35.1%
- By 2075
- 4,957,073 · +66.4%
- By 2100
- 5,508,725 · +84.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Majority Black (62%)
- Race & ethnicity
- Black 62% Hispanic / Latino 30% Two or more races 8% White 5% Native American 2%
- Hispanic origin (detail)
- Mexican 24%
- Foreign-born
- 13% · Canada
- Languages at home
- 73% English-only · Spanish 25%
Political lean MEDSL · Dallas
- 2024 margin
- Strong D (+22.2) · D 60.2% · R 38.0% · Other 1.8%
- 2008→2024 swing
- +6.9pp toward D · 2008: 15.3pp · 2024: 22.2pp
- All cycles
- 2024: D+22.2 2020: D+31.6 2016: D+26.2 2012: D+15.4 2008: D+15.3
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -72.36%
- Current HPI
- 356.2348
- Rent YoY
- ▼ -2.75%
- Metro
- Dallas-Fort Worth-Arlington, TX
- State GDP YoY
- ▲ 3.95%
- F500 in state
- 110
Industry mix (Fortune 500 HQ in TX)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Energy | 16 | $1,198B |
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
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| Energy Services | 3 | $60B |
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
3 events — show timeline
- 2026-05-20 Contingent — NTREIS
- 2026-05-15 Listed $160,000 NTREIS
- 2024-07-23 Sold (Public Records) — Public Records
Property tax history
+6.1%/yrLatest (2025): $3,927 · -0.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…