1200 Main St APT 1201DallasTX75202
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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 1201, Dallas, TX, 75202 generates $3,605/mo in rent and, after a $2,251/mo payment, leaves $335/mo in cash flow. Total monthly income is $3,605/mo, and annual cash flow is $4,015/yr on $152,457 invested. Return on cash invested sits at 22.54% in year one, and rental yield is 9.41% on a $459,900 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation builds toward $127,062 over five years. Five-year ROI reaches 118.18% and total cumulative return in cash sums $180,174. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,605/mo property income rather than buyer’s personal income.
Condo
Built in 1974
1.03 Acres lot
$N/A/sqft
No 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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