2306 Spencer CtDallasTX75208
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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 2306 Spencer Ct, Dallas, TX, 75208 earns $3,964/mo cash flow from $7,698/mo rent with a $2,570/mo payment. Total monthly income totals $7,698/mo, and annual cash flow totals $47,571/yr on $172,725 capital. ROI tracks 47.6% on current figures, and rental yield reads 17.6% at a $525,000 purchase. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 over five years. Five-year ROI reaches 252.55% and total cumulative return in cash sums $436,209. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,698/mo property income instead of your personal income.
Townhouse
Built in 2021
2,134 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75208, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,625 (100%) |
| Owner Occupied HU | 6,019 (41.2%) |
| Renter Occupied HU | 6,897 (47.2%) |
| Vacant Housing Units | 1,709 (11.7%) |
| Median Home Value | $466,400 |
| Average Home Value | $537,812 |
Housing Distribution
Address Breakdown
Residential
14,325
Single Family
9,342
Multi-Family
4,983
Businesses
1,540
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Listed by: Linda Wells • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #20645689
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.