2212 Lanark AveDallasTX75203
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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
Total monthly income runs $1,840/mo, and a $1,317/mo payment. Purchase price stands at $269,000, and rental yield measures 8.21% with $1,840/mo rent. Return on cash invested shows 18.92% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 98.76% and total cumulative return in cash records $88,067. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,840/mo property income covering a $1,317/mo payment rather than investor’s personal income.
Single Family
Built in 1953
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75203, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,521 (100%) |
| Owner Occupied HU | 1,779 (20.9%) |
| Renter Occupied HU | 5,592 (65.6%) |
| Vacant Housing Units | 1,150 (13.5%) |
| Median Home Value | $201,658 |
| Average Home Value | $291,334 |
Housing Distribution
Address Breakdown
Residential
7,375
Single Family
3,536
Multi-Family
3,839
Businesses
523
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Listed by: Marisol Romero • Julio Romero LLC, REALTORS
Mls Name: NTREIS
Mls ID: #20917448
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.