1614 Engle AveDallasTX75224
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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 1614 Engle Ave, Dallas, TX, 75224 with 5% annual appreciation on a $339,900 basis while $3,578/mo rent supports operations. Total monthly income totals $3,578/mo and a $1,664/mo payment preserves $1,148/mo for cash returns. Annual cash flow comes to $13,770/yr on $112,677 deployed, and return on cash invested reaches 32.13% in year one. Equity gained on principal adds $2,193/yr, and five-year appreciation sums $93,908 alongside rental yield of 12.63%. Five-year ROI measures 169.65% and total cumulative return in cash totals $191,159.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,578/mo property income versus a $1,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1947
7,579 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75224, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,176 (100%) |
| Owner Occupied HU | 5,318 (47.6%) |
| Renter Occupied HU | 4,940 (44.2%) |
| Vacant Housing Units | 918 ( 8.2%) |
| Median Home Value | $297,919 |
| Average Home Value | $334,135 |
Housing Distribution
Address Breakdown
Residential
11,196
Single Family
7,662
Multi-Family
3,534
Businesses
604
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Listed by: Michelle Brecker • Pathway To Home Realty
Mls Name: NTREIS
Mls ID: #20941909
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.