1200 Main St APT 1106DallasTX75202
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $3,425/mo, and a $2,080/mo payment. Purchase price stands at $425,000, and rental yield measures 9.67% with $3,425/mo rent. Return on cash invested shows 11.02% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 60.86% and total cumulative return in cash records $85,745. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,425/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Condo
Built in 1974
1.03 Acres lot
$N/A/sqft
$1,132 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lauren Williams • Latitude Key Inc.
Mls Name: NTREIS
Mls ID: #20971771
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.