1200 Main St APT 1105DallasTX75202
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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 1105, Dallas, TX, 75202 generates $1,996/mo in rent, after a $1,257/mo payment. Total monthly income is $1,996/mo. Return on cash invested sits at 10.81% in year one, and rental yield is 9.32% on a $256,900 entry. Equity gained on principal adds $1,658/yr, while 5% annual appreciation builds toward $70,977 over five years. Five-year ROI reaches 59.45% and total cumulative return in cash sums $50,632. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,996/mo property income rather than buyer’s personal income.
Condo
Built in 1974
1.03 Acres lot
$N/A/sqft
$621 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: Holly Bell • Redfin Corporation
Mls Name: NTREIS
Mls ID: #20894924
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.