215 Addison StLake DallasTX75065
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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
Investment property for sale in Lake Dallas at 215 Addison St, Lake Dallas, TX, 75065 at $492,500 posts ROI 20.2% with $39/mo cash flow from $3,605/mo rent. Total monthly income equals $3,605/mo, and annual cash flow records $474/yr on $163,264 to close. Return on cash invested measures 20.2% and rental yield reads 8.78% at the current $492,500. Equity gained on principal adds $3,178/yr, and 5% annual appreciation supports $136,069 by year five. Five-year ROI prints 105.79% and total cumulative return in cash totals $172,709.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,605/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2022
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75065, Lake Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,479 (100%) |
| Owner Occupied HU | 3,998 (73.0%) |
| Renter Occupied HU | 1,277 (23.3%) |
| Vacant Housing Units | 204 ( 3.7%) |
| Median Home Value | $440,366 |
| Average Home Value | $480,394 |
Housing Distribution
Address Breakdown
Residential
5,473
Single Family
4,671
Multi-Family
802
Businesses
478
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Listed by: Omar Escalante • RE/MAX Trinity
Mls Name: NTREIS
Mls ID: #20816314
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.