2047 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 2047 Leath St, Dallas, TX, 75212 priced at $505,000 pairs $5,765/mo rent with $2,174/mo cash flow after a $2,472/mo payment. Total monthly income equals $5,765/mo, and annual cash flow comes to $26,083/yr on $166,145 invested. Return on cash invested is 35.76% in year one, and rental yield stands at 13.7% on a $505,000 basis. Equity gained on principal adds $3,259/yr, and 5% annual appreciation accumulates to $139,522 by year five. Five-year ROI measures 189.03% and total cumulative return in cash reaches $314,070. For financing, Ziffy Mortgage’s DSCR program evaluates $5,765/mo property income against a $2,472/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
6,577 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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Listed by: Latasha Walker • United Real Estate
Mls Name: NTREIS
Mls ID: #20600822
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.