1238 E Louisiana AveDallasTX75216
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
Rental property for sale in Dallas at 1238 E Louisiana Ave, Dallas, TX, 75216 generates $1,355/mo in rent and, after a $832/mo payment, leaves $146/mo in cash flow. Total monthly income is $1,355/mo, and annual cash flow is $1,757/yr on $56,322 invested. Return on cash invested sits at 23.03% in year one, and rental yield is 9.57% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 120.83% and total cumulative return in cash sums $68,054. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,355/mo property income rather than buyer’s personal income.
Single Family
Built in 1946
8,189 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75216, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,401 (100%) |
| Owner Occupied HU | 9,968 (51.4%) |
| Renter Occupied HU | 7,801 (40.2%) |
| Vacant Housing Units | 1,632 ( 8.4%) |
| Median Home Value | $142,118 |
| Average Home Value | $207,866 |
Housing Distribution
Address Breakdown
Residential
18,632
Single Family
15,796
Multi-Family
2,836
Businesses
962
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices