1405 McCoy St UNIT 8DallasTX75204
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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 1405 McCoy St UNIT 8, Dallas, TX, 75204 earns $1,741/mo cash flow from $5,746/mo rent with a $2,643/mo payment. Total monthly income totals $5,746/mo, and annual cash flow totals $20,895/yr on $177,627 capital. ROI tracks 31.82% on current figures, and rental yield reads 12.77% at a $539,900 purchase. Equity gained on principal adds $3,484/yr, and 5% annual appreciation supports $149,164 over five years. Five-year ROI reaches 168.34% and total cumulative return in cash sums $299,023. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,746/mo property income instead of your personal income.
Single Family
Built in 2005
1,785 sqft lot
$N/A/sqft
$165 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75204, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,712 (100%) |
| Owner Occupied HU | 4,057 (15.2%) |
| Renter Occupied HU | 19,903 (74.5%) |
| Vacant Housing Units | 2,752 (10.3%) |
| Median Home Value | $498,932 |
| Average Home Value | $566,321 |
Housing Distribution
Address Breakdown
Residential
25,882
Single Family
3,973
Multi-Family
21,909
Businesses
1,252
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Listed by: Cotton Mendenhall • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #20663356
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.