1506 Saltillo PlzDallasTX75211
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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 1506 Saltillo Plz, Dallas, TX, 75211 uses $84,698 cash to close to unlock $21,901/yr annual cash flow and $1,825/mo monthly cash flow. Total monthly income runs $3,734/mo, and a $1,251/mo payment keeps the spread at $1,825/mo. Purchase price stands at $255,500, and rental yield measures 17.54% with $3,734/mo rent. Return on cash invested shows 45.77% in year one, and 5% annual appreciation builds toward $70,590 over five years. Five-year ROI reaches 243.25% and total cumulative return in cash records $206,025. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,734/mo property income covering a $1,251/mo payment rather than investor’s personal income.
Single Family
Built in 2003
2,692 sqft lot
$N/A/sqft
$215 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75211, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,813 (100%) |
| Owner Occupied HU | 10,435 (45.7%) |
| Renter Occupied HU | 10,877 (47.7%) |
| Vacant Housing Units | 1,501 ( 6.6%) |
| Median Home Value | $250,988 |
| Average Home Value | $293,982 |
Housing Distribution
Address Breakdown
Residential
22,758
Single Family
17,260
Multi-Family
5,498
Businesses
1,279
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Listed by: Art Acosta • The Associates Realty Group
Mls Name: NTREIS
Mls ID: #20686165
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.