11717 Fernald AveDallasTX75218
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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 11717 Fernald Ave, Dallas, TX, 75218 uses $76,245 cash to close to unlock $62/yr annual cash flow and $5/mo monthly cash flow. Total monthly income runs $1,641/mo, and a $1,126/mo payment keeps the spread at $5/mo. Purchase price stands at $230,000, and rental yield measures 8.56% with $1,641/mo rent. Return on cash invested shows 19.99% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 104.53% and total cumulative return in cash records $79,699. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,641/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1953
7,623 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75218, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,024 (100%) |
| Owner Occupied HU | 6,583 (59.7%) |
| Renter Occupied HU | 3,731 (33.8%) |
| Vacant Housing Units | 710 ( 6.4%) |
| Median Home Value | $504,531 |
| Average Home Value | $587,481 |
Housing Distribution
Address Breakdown
Residential
10,773
Single Family
8,572
Multi-Family
2,201
Businesses
911
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