1111 Cordova 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
Rental property for sale in Dallas at 1111 Cordova St, Dallas, TX, 75223 priced at $825,000 converts $3,268/mo rent into after a $4,038/mo obligation. Total monthly income equals $3,268/mo. Return on cash invested prints 8.53% in year one, and rental yield reads 4.75% against a $825,000 entry. Equity gained on principal adds $5,324/yr, while 5% annual appreciation compiles into $227,932 by year five. Five-year ROI reaches 43.01% and total cumulative return in cash sums $116,745. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,268/mo property income covering a $4,038/mo payment, not borrower’s personal income.
Single Family
Built in 1939
8,102 sqft lot
$N/A/sqft
$120 annually 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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Listed by: Joe Kacynski • Allie Beth Allman & Associates
Mls Name: NTREIS
Mls ID: #20911066
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.