1200 Main St APT 408DallasTX75202
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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 1200 Main St APT 408, Dallas, TX, 75202 offers a 8.39% rental yield on a $375,000 purchase with $2,622/mo rent. 48% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 101.77% and total cumulative return in cash at $126,507. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,622/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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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