10229 Chesterton DrDallasTX75238
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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
Rental property for sale in Dallas at 10229 Chesterton Dr, Dallas, TX, 75238 generates $6,359/mo in rent and, after a $2,932/mo payment, leaves $2,099/mo in cash flow. Total monthly income is $6,359/mo, and annual cash flow is $25,191/yr on $197,071 invested. Return on cash invested sits at 32.84% in year one, and rental yield is 12.74% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 173.4% and total cumulative return in cash sums $341,722. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,359/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
7,448 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75238, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,360 (100%) |
| Owner Occupied HU | 6,334 (44.1%) |
| Renter Occupied HU | 6,978 (48.6%) |
| Vacant Housing Units | 1,048 ( 7.3%) |
| Median Home Value | $525,671 |
| Average Home Value | $592,757 |
Housing Distribution
Address Breakdown
Residential
13,543
Single Family
8,149
Multi-Family
5,394
Businesses
1,292
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Listed by: Beth Arnold • Dave Perry Miller Real Estate
Mls Name: NTREIS
Mls ID: #20694965
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.