216 Wilson StLake DallasTX75065
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
Rental property for sale in Lake Dallas at 216 Wilson St, Lake Dallas, TX, 75065 priced at $449,000 converts $3,018/mo rent into after a $2,198/mo obligation. Total monthly income equals $3,018/mo. Return on cash invested prints 18.5% in year one, and rental yield reads 8.07% against a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation compiles into $124,050 by year five. Five-year ROI reaches 96.47% and total cumulative return in cash sums $143,596. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,018/mo property income covering a $2,198/mo payment, not borrower’s personal income.
Single Family
Built in 2022
6,011 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Aileen Jung • Good Realty Group LLC
Mls Name: NTREIS
Mls ID: #21154220