15011 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
Investment property for sale in Addison at 15011 Oak St, Addison, TX, 75001 with 5% annual appreciation on a $699,000 basis while $7,482/mo rent supports operations. Total monthly income totals $7,482/mo and a $3,421/mo payment preserves $2,367/mo for cash returns. Annual cash flow comes to $28,399/yr on $229,971 deployed, and return on cash invested reaches 32.41% in year one. Equity gained on principal adds $4,511/yr, and five-year appreciation sums $193,121 alongside rental yield of 12.84%. Five-year ROI measures 171.34% and total cumulative return in cash totals $394,022.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,482/mo property income versus a $3,421/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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: #20511244
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.