1415 Edgemont Ave, Dallas, TX, 75216 | $109/mo Cash Flow

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1415 Edgemont Ave, Dallas, TX, 75216 | $109/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Dallas at 1415 Edgemont Ave, Dallas, TX, 75216 offers a 9.63% rental yield on a $119,000 purchase with $955/mo rent. Total monthly income registers $955/mo, and a $582/mo payment leaves $109/mo available for distribution. Annual cash flow reaches $1,311/yr on $39,449 to close, and return on cash invested stands at 23.23% in year one. Equity gained on principal adds $768/yr while 5% annual appreciation supports $32,878 over five years. Portfolio math shows five-year ROI at 121.96% and total cumulative return in cash at $48,113. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $955/mo property income against a $582/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1921

10,846 sqft lot

$N/A/sqft

No HOA

More details about the property

This property will require a full and comprehensive rehabilitation from top to bottom, could be a tear down. The home needs all new systemsincluding electrical wiring, updated plumbing throughout, foundation repair, and the installation of central heating and air conditioning. It is truly a project for an experienced investor or dedicated rehabber who is ready to bring new life into a home with tremendous potential. While the condition of the property demands significant work, the location speaks for itself. Homes in this area are highly sought after, and this one is priced to sell quickly given the amount of repair work needed. For those willing to put in the effort, the return could be well worth it. Despite the challenges, there are beautiful original details that make this home special and worth preserving. Thoughtful rehabbers will see the value in keeping these timeless features intact while modernizing the rest of the home. This property offers a blank canvas to create your dream space or to craft a profitable investment in a desirable neighborhood. With vision, skill, and the right resources, this home could once again become a showcase property. Buyer and agent to verify all information including but not limited to measurements, schools, room sizes, zoning, property condition, and MLS data. Seller will not respond to low-ball offers, offers that include an owner finance or offers of assignment. Home is in distressed condition and it may be better used for lot value only. Buyer must provide proof of funds. Information is reliable but not guaranteed.

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