1512 Matagorda DrDallasTX75232
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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 Dallas at 1512 Matagorda Dr, Dallas, TX, 75232 generates $3,132/mo in rent and, after a $1,855/mo payment, leaves $437/mo in cash flow. Total monthly income is $3,132/mo, and annual cash flow is $5,243/yr on $125,639 invested. Return on cash invested sits at 24.08% in year one, and rental yield is 9.92% on a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 126.43% and total cumulative return in cash sums $158,843. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,132/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75232, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,524 (100%) |
| Owner Occupied HU | 6,328 (60.1%) |
| Renter Occupied HU | 3,634 (34.5%) |
| Vacant Housing Units | 562 ( 5.3%) |
| Median Home Value | $257,368 |
| Average Home Value | $353,589 |
Housing Distribution
Address Breakdown
Residential
10,681
Single Family
9,138
Multi-Family
1,543
Businesses
356
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