1648 Nokomis AveDallasTX75224
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
Investment property for sale in Dallas at 1648 Nokomis Ave, Dallas, TX, 75224 at $357,000 posts ROI 39.38% with $1,920/mo cash flow from $4,577/mo rent. Total monthly income equals $4,577/mo, and annual cash flow records $23,039/yr on $118,346 to close. Return on cash invested measures 39.38% and rental yield reads 15.38% at the current $357,000. Equity gained on principal adds $2,304/yr, and 5% annual appreciation supports $98,633 by year five. Five-year ROI prints 208.87% and total cumulative return in cash totals $247,192.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,577/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
8,951 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: Anyiesa Johnson • Opendoor Brokerage, LLC
Mls Name: NTREIS
Mls ID: #20493254
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.