10823 Addie RdDallasTX75217
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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 10823 Addie Rd, Dallas, TX, 75217 uses $79,527 cash to close to unlock $4,419/yr annual cash flow and $368/mo monthly cash flow. Total monthly income runs $2,074/mo, and a $1,174/mo payment keeps the spread at $368/mo. Purchase price stands at $239,900, and rental yield measures 10.37% with $2,074/mo rent. Return on cash invested shows 25.47% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 133.9% and total cumulative return in cash records $106,483. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,074/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1982
6,054 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75217, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,962 (100%) |
| Owner Occupied HU | 13,760 (59.9%) |
| Renter Occupied HU | 7,990 (34.8%) |
| Vacant Housing Units | 1,212 ( 5.3%) |
| Median Home Value | $183,951 |
| Average Home Value | $215,605 |
Housing Distribution
Address Breakdown
Residential
24,395
Single Family
21,947
Multi-Family
2,448
Businesses
1,367
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