ZIP CODE 75228 // DALLAS-FORT WORTH-ARLINGTON, TX // DATA AS OF 2026-09-30
Dallas, TX (75228) Rental Property Cap Rate & Cash Flow Report
Located in Dallas County (Dallas, TX), Zip Code 75228 ranks #195 of 500 within this selected sample (61th percentile) with a Zillow ZHVI typical home-value index of $271,305 (-2.0% YoY) and a ZORI observed market rent of $1,428/mo (+2.2% YoY). Requires at least 53.5% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$575/mo
Annual: -$6,899/yr
Modeled Cap Rate
3.52%
NOI: $9,563/yr
Cash-on-Cash Return
-11.06%
Cash Needed: $62,400
1% Rule Ratio
0.53%
Gross Yield: 6.32%
Break-Even Rent
$2,089/mo
State Tax: 1.47%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 75228 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (TX Avg 1.47%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$1,372/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$631/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (75228)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $253,343 | $1,187/mo | 5.62% |
| 2022 | $299,852 | $1,353/mo | 5.41% |
| 2023 | $296,147 | $1,440/mo | 5.83% |
| 2024 | $297,707 | $1,457/mo | 5.87% |
| 2025 | $276,921 | $1,397/mo | 6.05% |
| 2026 | $271,305 | $1,428/mo | 6.32% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 76227 Aubrey, TX | $347,844 | $1,835/mo | 3.54% | -$733/mo |
| 75150 Mesquite, TX | $248,356 | $1,297/mo | 3.48% | -$535/mo |
| 75043 Garland, TX | $282,150 | $1,501/mo | 3.58% | -$584/mo |
| 78130 New Braunfels, TX | $301,994 | $1,568/mo | 3.45% | -$659/mo |
| 75052 Grand Prairie, TX | $320,384 | $1,717/mo | 3.62% | -$652/mo |
| 78640 Kyle, TX | $293,532 | $1,585/mo | 3.67% | -$587/mo |