2305 Worthington St APT 104DallasTX75204
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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 2305 Worthington St APT 104, Dallas, TX, 75204 uses $115,694 cash to close to unlock $977/yr annual cash flow and $81/mo monthly cash flow. Total monthly income runs $2,563/mo, and a $1,708/mo payment keeps the spread at $81/mo. Purchase price stands at $349,000, and rental yield measures 8.81% with $2,563/mo rent. Return on cash invested shows 20.75% in year one, and 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 108.61% and total cumulative return in cash records $125,652. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,563/mo property income covering a $1,708/mo payment rather than investor’s personal income.
Condo
Built in 1999
1.67 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
25,882
Single Family
3,973
Multi-Family
21,909
Businesses
1,252
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