2003 Leath StDallasTX75212
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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 2003 Leath St, Dallas, TX, 75212 generates $2,616/mo in rent and, after a $1,664/mo payment, leaves $198/mo in cash flow. Total monthly income is $2,616/mo, and annual cash flow is $2,380/yr on $112,710 invested. Return on cash invested sits at 22.02% in year one, and rental yield is 9.23% on a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 115.4% and total cumulative return in cash sums $130,062. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,616/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
6,446 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75212, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,614 (100%) |
| Owner Occupied HU | 4,588 (43.2%) |
| Renter Occupied HU | 5,072 (47.8%) |
| Vacant Housing Units | 954 ( 9.0%) |
| Median Home Value | $263,214 |
| Average Home Value | $282,166 |
Housing Distribution
Address Breakdown
Residential
9,782
Single Family
6,618
Multi-Family
3,164
Businesses
915
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