1022 Wayne StDallasTX75223
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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
Total monthly income runs $2,798/mo, and a $2,080/mo payment. Purchase price stands at $425,000, and rental yield measures 7.9% with $2,798/mo rent. Return on cash invested shows 18% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 93.81% and total cumulative return in cash records $132,161. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,798/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1930
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75223, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,848 (100%) |
| Owner Occupied HU | 2,438 (50.3%) |
| Renter Occupied HU | 2,087 (43.0%) |
| Vacant Housing Units | 323 ( 6.7%) |
| Median Home Value | $296,154 |
| Average Home Value | $365,079 |
Housing Distribution
Address Breakdown
Residential
4,748
Single Family
3,984
Multi-Family
764
Businesses
432
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