2118 N Carroll Ave #3DallasTX75204
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Dallas at 2118 N Carroll Ave #3, Dallas, TX, 75204 earns $312/mo cash flow from $4,114/mo rent with a $2,617/mo payment. Total monthly income totals $4,114/mo, and annual cash flow totals $3,741/yr on $175,916 capital. ROI tracks 22.19% on current figures, and rental yield reads 9.23% at a $534,700 purchase. Equity gained on principal adds $3,450/yr, and 5% annual appreciation supports $147,728 over five years. Five-year ROI reaches 116.24% and total cumulative return in cash sums $204,486. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,114/mo property income instead of your personal income.
Condo
Built in 2019
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75204, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,712 (100%) |
| Owner Occupied HU | 4,057 (15.2%) |
| Renter Occupied HU | 19,903 (74.5%) |
| Vacant Housing Units | 2,752 (10.3%) |
| Median Home Value | $498,932 |
| Average Home Value | $566,321 |
Housing Distribution
Address Breakdown
Residential
25,882
Single Family
3,973
Multi-Family
21,909
Businesses
1,252
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices