1200 Main St APT 1007DallasTX75202
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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 1200 Main St APT 1007, Dallas, TX, 75202 generates $2,334/mo in rent, after a $1,370/mo payment. Total monthly income is $2,334/mo. Return on cash invested sits at 13.27% in year one, and rental yield is 10% on a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 72.49% and total cumulative return in cash sums $67,281. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,334/mo property income rather than buyer’s personal income.
Condo
Built in 1974
1.03 Acres lot
$N/A/sqft
$722 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75202, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,707 (100%) |
| Owner Occupied HU | 469 (12.7%) |
| Renter Occupied HU | 2,564 (69.2%) |
| Vacant Housing Units | 674 (18.2%) |
| Median Home Value | $413,194 |
| Average Home Value | $659,328 |
Housing Distribution
Address Breakdown
Residential
2,747
Single Family
3
Multi-Family
2,744
Businesses
631
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Listed by: Helena Spencer • Rogers Healy and Associates
Mls Name: NTREIS
Mls ID: #20872691
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.