2280 N Fitzhugh Ave UNIT 30, Dallas, TX, 75204 | $653/mo Cash Flow

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2280 N Fitzhugh Ave UNIT 30, Dallas, TX, 75204 | $653/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Dallas at 2280 N Fitzhugh Ave UNIT 30, Dallas, TX, 75204 generates $3,846/mo in rent and, after a $2,198/mo payment, leaves $653/mo in cash flow. Total monthly income is $3,846/mo, and annual cash flow is $7,833/yr on $148,844 invested. Return on cash invested sits at 25.17% in year one, and rental yield is 10.28% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 132.27% and total cumulative return in cash sums $196,876. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,846/mo property income rather than buyer’s personal income.

Condo

Built in 2016

0.62 Acres lot

$N/A/sqft

No HOA

More details about the property

Prices over $25,000 below Tax assessed value. This gorgeous 3-level, 2-bedroom, 2.5-bath home with a 2-car garage offers modern style, comfort, and convenience in one of Dallass most sought-after areas. Just minutes from Lower Greenville, Knox Henderson, Uptown, and Downtown, youll love being close to dining, shopping, and entertainment. Inside, youll find updated finishes throughout, including Red Oak hardwood floors, quartz countertops in the kitchen and baths, recessed and pendant lighting, and under-mount cabinet lighting. The kitchen is a chefs delight with stainless steel appliances, a newly installed wine fridge, and an open layout to the living area. From the living room, step out onto your attached walk-out balconyperfect for morning coffee or evening relaxation.The primary suite features a large frameless shower and a spacious walk-in closet, with additional walk-in closets in every bedroom for ample storage. The first floor includes a bonus room near the garageperfect for a home office or flex spaceplus an extra garage storage closet. Outside, enjoy your pet-friendly fenced yard. This home is also energy-efficient for lower utility costs. Enjoy peace of mindHOA includes water, sewer, gas, trash, and exterior insurance. Welcome home to Dallas living at its finest!

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