2037 Centerville RdDallasTX75228
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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 2037 Centerville Rd, Dallas, TX, 75228 generates $2,341/mo in rent and, after a $1,346/mo payment, leaves $302/mo in cash flow. Total monthly income is $2,341/mo, and annual cash flow is $3,627/yr on $91,159 invested. Return on cash invested sits at 23.89% in year one, and rental yield is 10.22% on a $274,990 entry. Equity gained on principal adds $1,774/yr, while 5% annual appreciation builds toward $75,975 over five years. Five-year ROI reaches 125.83% and total cumulative return in cash sums $114,704. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,341/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75228, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,806 (100%) |
| Owner Occupied HU | 11,522 (43.0%) |
| Renter Occupied HU | 13,198 (49.2%) |
| Vacant Housing Units | 2,086 ( 7.8%) |
| Median Home Value | $320,409 |
| Average Home Value | $351,371 |
Housing Distribution
Address Breakdown
Residential
25,654
Single Family
16,017
Multi-Family
9,637
Businesses
1,041
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Listed by: Kevin Iraheta • Decorative Real Estate
Mls Name: NTREIS
Mls ID: #20703473
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.