2248 Areba StDallasTX75203
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 2248 Areba St, Dallas, TX, 75203 listed at $228,000 pairs $1,638/mo rent with a $1,116/mo payment to leave $17/mo cash flow. Total monthly income runs $1,638/mo, and annual cash flow reaches $199/yr on $75,582 cash to close. Return on cash invested measures 20.17% in year one, and rental yield registers 8.62% at a $228,000 basis. Equity gained on principal adds $1,471/yr, and annual property appreciation at 5% supports $62,992 by year five. Five-year ROI tracks 105.49% and total cumulative return in cash totals $79,731. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,638/mo property income relative to a $1,116/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1943
0.36 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices