18040 Midway Rd APT 195DallasTX75287
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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
Total monthly income runs $1,549/mo, and a $1,025/mo payment. Purchase price stands at $209,500, and rental yield measures 8.87% with $1,549/mo rent. Return on cash invested shows 15.27% in year one, and 5% annual appreciation builds toward $57,881 over five years. Five-year ROI reaches 81.25% and total cumulative return in cash records $56,427. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,549/mo property income covering a $1,025/mo payment rather than investor’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$328 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75287, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,067 (100%) |
| Owner Occupied HU | 5,785 (19.2%) |
| Renter Occupied HU | 22,200 (73.8%) |
| Vacant Housing Units | 2,082 ( 6.9%) |
| Median Home Value | $488,669 |
| Average Home Value | $571,993 |
Housing Distribution
Address Breakdown
Residential
28,960
Single Family
6,042
Multi-Family
22,918
Businesses
641
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Listed by: William Yan • Keller Williams Frisco Stars
Mls Name: NTREIS
Mls ID: #20920000
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.