1015 N Bishop 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 1015 N Bishop Ave, Dallas, TX, 75208 listed at $499,000 pairs $2,891/mo rent with a $2,442/mo payment. Total monthly income runs $2,891/mo. Return on cash invested measures 15.14% in year one, and rental yield registers 6.95% at a $499,000 basis. Equity gained on principal adds $3,220/yr, and annual property appreciation at 5% supports $137,865 by year five. Five-year ROI tracks 78.47% and total cumulative return in cash totals $129,810. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,891/mo property income relative to a $2,442/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
7,666 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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