18040 Midway Rd APT 225DallasTX75287
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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 18040 Midway Rd APT 225, Dallas, TX, 75287 generates $2,315/mo in rent and, after a $1,248/mo payment, leaves $502/mo in cash flow. Total monthly income is $2,315/mo, and annual cash flow is $6,021/yr on $84,533 invested. Return on cash invested sits at 27.03% in year one, and rental yield is 10.89% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 142.26% and total cumulative return in cash sums $120,260. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,315/mo property income rather than buyer’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
No 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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