15009 Oak StAddisonTX75001
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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
Rental property for sale in Addison at 15009 Oak St, Addison, TX, 75001 priced at $756,000 converts $5,395/mo rent into after a $3,700/mo obligation. Total monthly income equals $5,395/mo. Return on cash invested prints 19.45% in year one, and rental yield reads 8.56% against a $756,000 entry. Equity gained on principal adds $4,878/yr, while 5% annual appreciation compiles into $208,869 by year five. Five-year ROI reaches 101.85% and total cumulative return in cash sums $253,325. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,395/mo property income covering a $3,700/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
653.40 sqft lot
$N/A/sqft
$145 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75001, Addison, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,386 (100%) |
| Owner Occupied HU | 1,729 (15.2%) |
| Renter Occupied HU | 8,698 (76.4%) |
| Vacant Housing Units | 959 ( 8.4%) |
| Median Home Value | $435,573 |
| Average Home Value | $459,089 |
Housing Distribution
Address Breakdown
Residential
11,354
Single Family
1,820
Multi-Family
9,534
Businesses
2,198
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Listed by: Ann O'Blenes • RE/MAX Dallas Suburbs
Mls Name: NTREIS
Mls ID: #20353168
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.