1239 Cedar Haven AveDallasTX75216
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 1239 Cedar Haven Ave, Dallas, TX, 75216 in Dallas worth modelling. At $180,500 with a 9.2% gross yield, the $1,384/mo rent leaves $25/mo after the $812/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.70 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $49,869 by year five; $1,662/yr in principal reduction adds further equity. Total projected return: $71,103.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.5% |
| Monthly Cash Flow | $25 | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,384 |
| Total Monthly Debt Service | $1,287 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1941
7,797 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
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
Single Family
Built in 1941
7,797 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
Listed by: Denver Kemery • Repeat Realty, LLC
Mls Name: NTREIS
Mls ID: #20727148
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.