15889 Preston Rd APT 1030DallasTX75248
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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 15889 Preston Rd APT 1030, Dallas, TX, 75248 earns $127/mo cash flow from $1,486/mo rent with a $783/mo payment. Total monthly income totals $1,486/mo, and annual cash flow totals $1,526/yr on $53,040 capital. ROI tracks 22.79% on current figures, and rental yield reads 11.14% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 121.38% and total cumulative return in cash sums $64,382. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,486/mo property income instead of your personal income.
Condo
Built in 1983
9.41 Acres lot
$N/A/sqft
$175 monthly 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
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Listed by: Blake Lamb • Briggs Freeman Sotheby's Int'l
Mls Name: NTREIS
Mls ID: #21001629
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.