1023 Tea Olive LnDallasTX75212
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1023 Tea Olive Ln, Dallas, TX, 75212 priced at $554,990 pairs $4,328/mo rent with $382/mo cash flow after a $2,716/mo payment. Total monthly income equals $4,328/mo, and annual cash flow comes to $4,581/yr on $182,592 invested. Return on cash invested is 22.57% in year one, and rental yield stands at 9.36% on a $554,990 basis. Equity gained on principal adds $3,581/yr, and 5% annual appreciation accumulates to $153,334 by year five. Five-year ROI measures 118.29% and total cumulative return in cash reaches $215,980. For financing, Ziffy Mortgage’s DSCR program evaluates $4,328/mo property income against a $2,716/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75212, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,614 (100%) |
| Owner Occupied HU | 4,588 (43.2%) |
| Renter Occupied HU | 5,072 (47.8%) |
| Vacant Housing Units | 954 ( 9.0%) |
| Median Home Value | $263,214 |
| Average Home Value | $282,166 |
Housing Distribution
Address Breakdown
Residential
9,782
Single Family
6,618
Multi-Family
3,164
Businesses
915
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices