1511 Morrell Ave, Dallas, TX, 75203 | 4.28% Rental Yield

For Sale

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 1511 Morrell Ave, Dallas, TX, 75203 offers a 4.28% rental yield on a $530,000 purchase with $1,890/mo rent. 13% in year one. Equity gained on principal adds $3,420/yr while 5% annual appreciation supports $146,429 over five years. Portfolio math shows five-year ROI at 35.52% and total cumulative return in cash at $61,939. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,890/mo property income against a $2,594/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2026

7,753 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 75203, Dallas, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,521 (100%)
Owner Occupied HU	1,779 (20.9%)
Renter Occupied HU	5,592 (65.6%)
Vacant Housing Units	1,150 (13.5%)
Median Home Value	$201,658
Average Home Value	$291,334