2300 Leonard St APT 305DallasTX75201
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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 Dallas at 2300 Leonard St APT 305, Dallas, TX, 75201 earns $579/mo cash flow from $5,710/mo rent with a $3,059/mo payment. Total monthly income totals $5,710/mo, and annual cash flow totals $6,951/yr on $205,592 capital. ROI tracks 23.44% on current figures, and rental yield reads 10.96% at a $624,900 purchase. Equity gained on principal adds $4,032/yr, and 5% annual appreciation supports $172,648 over five years. Five-year ROI reaches 124.44% and total cumulative return in cash sums $255,833. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,710/mo property income instead of your personal income.
Condo
Built in 2004
0.52 Acres lot
$N/A/sqft
$584 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75201, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,347 (100%) |
| Owner Occupied HU | 1,097 ( 7.6%) |
| Renter Occupied HU | 10,921 (76.1%) |
| Vacant Housing Units | 2,329 (16.2%) |
| Median Home Value | $775,794 |
| Average Home Value | $999,701 |
Housing Distribution
Address Breakdown
Residential
14,564
Single Family
521
Multi-Family
14,043
Businesses
2,097
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Listed by: Austin Wells • Wells Asset Management, Inc.
Mls Name: NTREIS
Mls ID: #20956681
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.