12818 Midway Rd #1089DallasTX75244
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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 12818 Midway Rd #1089, Dallas, TX, 75244 earns $50/mo cash flow from $832/mo rent with a $538/mo payment. Total monthly income totals $832/mo, and annual cash flow totals $605/yr on $36,432 capital. ROI tracks 21.57% on current figures, and rental yield reads 9.08% at a $109,900 purchase. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 over five years. Five-year ROI reaches 113.02% and total cumulative return in cash sums $41,176. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $832/mo property income instead of your personal income.
Condo
Built in 1970
7.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75244, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,534 (100%) |
| Owner Occupied HU | 2,899 (38.5%) |
| Renter Occupied HU | 3,485 (46.3%) |
| Vacant Housing Units | 1,150 (15.3%) |
| Median Home Value | $594,421 |
| Average Home Value | $642,286 |
Housing Distribution
Address Breakdown
Residential
6,683
Single Family
3,271
Multi-Family
3,412
Businesses
1,715
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