13306 Audelia Rd #144DallasTX75243
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who treat current yield as secondary to long-run equity growth will find 13306 Audelia Rd #144, Dallas, TX, 75243 in Dallas worth modelling. At $140,000 with a 11.79% gross yield, the $1,375/mo rent leaves $130/mo after the $630/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 2.18 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $38,679 by year five; $1,289/yr in principal reduction adds further equity. Total projected return: $63,108.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 6.5% |
| Monthly Cash Flow | $130 | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,375 |
| Total Monthly Debt Service | $1,189 |
| DSCR Ratio | 1.16x |
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.
Condo
Built in 1982
1.62 Acres lot
$N/A/sqft
$249 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75243, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,822 (100%) |
| Owner Occupied HU | 6,966 (24.2%) |
| Renter Occupied HU | 18,726 (65.0%) |
| Vacant Housing Units | 3,130 (10.9%) |
| Median Home Value | $406,000 |
| Average Home Value | $459,045 |
Housing Distribution
Address Breakdown
Residential
28,794
Single Family
8,468
Multi-Family
20,326
Businesses
2,250
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
Condo
Built in 1982
1.62 Acres lot
$N/A/sqft
$249 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75243, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,822 (100%) |
| Owner Occupied HU | 6,966 (24.2%) |
| Renter Occupied HU | 18,726 (65.0%) |
| Vacant Housing Units | 3,130 (10.9%) |
| Median Home Value | $406,000 |
| Average Home Value | $459,045 |
Housing Distribution
Address Breakdown
Residential
28,794
Single Family
8,468
Multi-Family
20,326
Businesses
2,250
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lucinda Gadson • Coldwell Banker Realty
Mls Name: NTREIS
Mls ID: #20857853
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.