1622 Avenue BDallasTX75203
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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 1622 Avenue B, Dallas, TX, 75203 generates $1,279/mo in rent and, after a $832/mo payment, leaves $48/mo in cash flow. Total monthly income is $1,279/mo, and annual cash flow is $580/yr on $56,355 invested. Return on cash invested sits at 20.94% in year one, and rental yield is 9.03% on a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 109.81% and total cumulative return in cash sums $61,881. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,279/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
8,581 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 |
Housing Distribution
Address Breakdown
Residential
7,375
Single Family
3,536
Multi-Family
3,839
Businesses
523
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Listed by: Ann Weaver • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #20942366
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.