1427 Waterside DrDallasTX75218
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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 1427 Waterside Dr, Dallas, TX, 75218 listed at $832,000 pairs $7,704/mo rent with a $4,072/mo payment to leave $1,748/mo cash flow. Total monthly income runs $7,704/mo, and annual cash flow reaches $20,978/yr on $273,728 cash to close. Return on cash invested measures 27.72% in year one, and rental yield registers 11.11% at a $832,000 basis. Equity gained on principal adds $5,369/yr, and annual property appreciation at 5% supports $229,866 by year five. Five-year ROI tracks 146.01% and total cumulative return in cash totals $399,682. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,704/mo property income relative to a $4,072/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
3,528 sqft lot
$N/A/sqft
$475 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75218, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,024 (100%) |
| Owner Occupied HU | 6,583 (59.7%) |
| Renter Occupied HU | 3,731 (33.8%) |
| Vacant Housing Units | 710 ( 6.4%) |
| Median Home Value | $504,531 |
| Average Home Value | $587,481 |
Housing Distribution
Address Breakdown
Residential
10,773
Single Family
8,572
Multi-Family
2,201
Businesses
911
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Listed by: Reid Stephens • Elle Realty
Mls Name: NTREIS
Mls ID: #20691559
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.