1001 Turner AveDallasTX75208
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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 1001 Turner Ave, Dallas, TX, 75208 uses $319,130 cash to close to unlock $3,106/yr annual cash flow and $259/mo monthly cash flow. Total monthly income runs $7,157/mo, and a $4,748/mo payment keeps the spread at $259/mo. Purchase price stands at $970,000, and rental yield measures 8.85% with $7,157/mo rent. Return on cash invested shows 21.03% in year one, and 5% annual appreciation builds toward $267,993 over five years. Five-year ROI reaches 110.05% and total cumulative return in cash records $351,209. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,157/mo property income covering a $4,748/mo payment rather than investor’s personal income.
Single Family
Built in 1925
8,842 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75208, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,625 (100%) |
| Owner Occupied HU | 6,019 (41.2%) |
| Renter Occupied HU | 6,897 (47.2%) |
| Vacant Housing Units | 1,709 (11.7%) |
| Median Home Value | $466,400 |
| Average Home Value | $537,812 |
Housing Distribution
Address Breakdown
Residential
14,325
Single Family
9,342
Multi-Family
4,983
Businesses
1,540
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Listed by: William Griffin • David Griffin & Company
Mls Name: NTREIS
Mls ID: #20753493
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.