1218 Dalhart Dr, Richardson, TX, 75080 | $448/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1218 Dalhart Dr, Richardson, TX, 75080 | $448/mo Cash Flow | Ziffy

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Richardson at 1218 Dalhart Dr, Richardson, TX, 75080 generates $3,114/mo in rent and, after a $1,835/mo payment, leaves $448/mo in cash flow. Total monthly income is $3,114/mo, and annual cash flow is $5,373/yr on $124,313 invested. Return on cash invested sits at 24.23% in year one, and rental yield is 9.96% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 127.23% and total cumulative return in cash sums $158,163. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,114/mo property income rather than buyer’s personal income.

Single Family

Built in 1958

7,143 sqft lot

$N/A/sqft

No HOA

More details about the property

Fully remodeled...no it's not a flip. This home was a labor of love by the current owner who lived there for 10 years. You can really tell when inside the home because no detail was overlooked. Storage, space, design, and quality are the operative words. The floor tile in the wet areas is actually a high quality vinyl that won't crack or break like tile always does in older homes. You wouldn't know it at first glance, but the kitchen has about three times the storage you'd expect. Come open the drawers, and you'll be quite pleased. Notice the modern recessed lights and upgraded light switches? Other amazing features include built-ins, refurbished hardwood floors, multiple wood accents, energy efficient front, garage, and back doors. Deck was rebuilt and has been kept in great condition with linseed oil. Freshly painted interior. Custom garage door. The large back yard has a tall, modern fence in good condition, and the mature trees are perfectly situated to provide shade but still allow for grass to grow. The ariel community photos are of Cottonwood Park literally just down the street. Enjoy green spaces, swimming, fenced playground, sand volleyball, tennis, pavilions...it's one of the best parks in town. Easy access to tons of retail and restaurants as well! Come and see this amazing home today.

Neighborhood Data

Neighborhood data shown for ZIP Code: 75080, Richardson, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,565 (100%)
Owner Occupied HU	10,167 (49.4%)
Renter Occupied HU	9,187 (44.7%)
Vacant Housing Units	1,211 ( 5.9%)
Median Home Value	$455,957
Average Home Value	$521,179