15211 Meandering WayDallasTX75248
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 15211 Meandering Way, Dallas, TX, 75248 generates $6,286/mo in rent, after a $4,870/mo payment. Total monthly income is $6,286/mo. Return on cash invested sits at 17.17% in year one, and rental yield is 7.58% on a $995,000 entry. Equity gained on principal adds $6,421/yr, while 5% annual appreciation builds toward $274,900 over five years. Five-year ROI reaches 89.32% and total cumulative return in cash sums $292,386. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,286/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75248, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,635 (100%) |
| Owner Occupied HU | 8,744 (46.9%) |
| Renter Occupied HU | 8,625 (46.3%) |
| Vacant Housing Units | 1,266 ( 6.8%) |
| Median Home Value | $546,946 |
| Average Home Value | $594,935 |
Housing Distribution
Address Breakdown
Residential
18,020
Single Family
8,802
Multi-Family
9,218
Businesses
835
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Marcus Schlachter • Briggs Freeman Sotheby's Int'l
Mls Name: NTREIS
Mls ID: #20755674
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.